Wednesday, April 6, 2011

ISM Non-Manufacturing March 2011 Index - 57.3%

The ISM Non-manufacturing report for March 2011 is out. The overall index increased to 57.3%, 2.4 points lower than February's 59.7%. This report is also referred to as the services index, or service sector index.

 

 

New orders decreased 0.3 percentage points to 64.1%. Business activity was 59.7%, with a 7.2 percentage point plunge from last month. Yet, here we are again, the employment index declined 1.9 percentage points. The employment index is at 53.7%, which means jobs is barely breaking even when it comes to adding any workers. Below is the table from the ISM services report, edited.

 



View the
Original article