ISM Non-Manufacturing Index increased to 45.4% in May

The May ISM Non-manufacturing index was at 45.4%, up from 41.8% in April. The employment index increased to 31.8%, from 30.0%. Note: Above 50 indicates expansion, below 50 contraction. From the Institute for Supply Management: May 2020 Non-Manufacturing ISM Report On Business® Economic activity in the non-manufacturing sector contracted in May for the second consecutive month, say the nation's purchasing and supply executives in the latest Non-Manufacturing ISM® Report On Business®. The report was issued today by Anthony Nieves, CPSM, C.P.M., A.P.P., CFPM, Chair of the Institute for Supply......(read more)

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