Wednesday, January 06, 2016
ISM Non-Manufacturing Report on Business: December 2015
Today, the Institute for Supply Management released their latest Non-Manufacturing Report on Business indicating that service related business activity slowed slightly in December with the overall non-manufacturing index falling to 55.3 from last months reading of 55.9.
At 58.7 the business activity index improved since last month but rose just a slight 0.170% above the level seen a year earlier.
Overall, respondent sentiment indicated strength with the service sector clearly continuing to expand with improving employment, orders and general activity.