Prior | Consensus | Consensus Range | Actual | |
Composite Index – Level | 57.3 | 57.0 | 54.5 to 60.0 | 52.8 |
The ISM Non Manufacturing composite index showed a 2.4 points decrease to 57.3 in March from February’s 59.7 high. However, this is still above 50 which is considered a a month on month pace for continued growth.
What is the ISM Non-Mfg index?
This survey gathers data from 400 firms across 60 sectors in the United States. Sectors include: wholesale trade, agriculture, construction, transportation, retail trade and communication.