- September ISM Non-Manufacturing Index: 61.9 vs. 60.0 consensus and 61.7 prior.
- Business Activity Index at 62.3% vs. 60.1%; New Orders Index at 63.5% vs. 63.2%; Employment Index at 53.0% vs. 53.7%; Supplier Deliveries at 68.8% vs 69.6%.
- According to the index, 17 services industries reported growth in September, with the composite number showing growth for the 16th straight month after a two-month contraction in April and May of 2020.
- Still "ongoing challenges with labor, resources, logistics, and materials are affecting the continuity of supply," said Anthony Nieves, chair of the Institute of Supply Management Services Business Survey Committee.
- Earlier, Goods and services trade balance widens in August.
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Tuesday, October 5, 2021
ISM Services PMI stays strong in September, amid supply challenges
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