The NMI® registered 55.9 percent, which is 1.5 percentage points lower than the November reading of 57.4 percent. There has been a second consecutive month of pullback in the rate of growth. Overall, the majority of respondents' comments indicate that they finished the year on a positive note. They also indicate optimism for business conditions and the economic outlook going forward.
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Friday, January 5, 2018
Non-manufacturing index dipped to 55.9 percent in December
at 10:52 AM
Labels: ISM NMI, ISM Non-Manufacturing Index, service sector economy
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