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Monday, April 5, 2021

March ISM Service Index jumps to 63.7, highest since index began

  • March ISM Service Index63.7% vs. 58.6% consensus, 55.3% prior.
  • That tops the 62% level hit in September 1997, a month after the non-manufacturing PMI began collecting data.
  • Business activity 69.4% vs. 55.5% prior.
  • New Orders 67.2% vs. 51.9%.
  • Employment 57.2% vs. 52.7%.
  • Supplier deliveries 61.0% vs. 60.8%.

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