Institute For Supply Management

Latest Stories

Yoon Suk Yeol, center right, the presidential election candidate of South Korea's main opposition People Power Party (PPP), and Lee Jae-myung, center left, the presidential election candidate of the ruling Democratic Party, attend a ceremony for the first trading day of stock market at the Korea Exchange (KRX) in Seoul, South Korea Monday, Jan. 3, 2022. (Kim Hong-ji/Pool Photo via AP)

After a big 2021, Wall Street starts new year edging higher

By Damian J. Troise - Associated Press

FILE - A waiter wears a mask and face covering at a restaurant with outdoor seating Tuesday, Dec. 1, 2020, in Pasadena, Calif. The U.S. services sector, where most Americans work, registered its sixth consecutive month of expansion in November. The Institute for Supply Management reported Thursday that its index of services activity declined slightly to a reading of 55.9 last month, from a reading of 56.6 in October. (AP Photo/Marcio Jose Sanchez, File)

US service sector growth slows sharply in February

By MARTIN CRUTSINGER - Associated Press

FILE - A waiter wears a mask and face covering at a restaurant with outdoor seating Tuesday, Dec. 1, 2020, in Pasadena, Calif. The U.S. services sector, where most Americans work, registered its sixth consecutive month of expansion in November. The Institute for Supply Management reported Thursday that its index of services activity declined slightly to a reading of 55.9 last month, from a reading of 56.6 in October. (AP Photo/Marcio Jose Sanchez, File)

Service sector operates at highest level in almost two years

By MARTIN CRUTSINGER - Associated Press

FILE - In this June 24, 2019, file photo machines work on a Ford vehicle assembly line at Ford's Chicago Assembly Plant in Chicago. American factories expanded at a faster pace last month, continuing a rebound from the coronavirus recession. The Institute for Supply Management, an association of purchasing managers, reported Tuesday, Sept. 1, 2020, that its manufacturing index climbed to 56 in August from 54.2 in July. (AP Photo/Amr Alfiky, File)

Survey: US factories grow in August for third straight month

By PAUL WISEMAN - Associated Press

FILE - In this Thursday, April 2, 2020 file photo, bagel shop manager Samantha Maddocks runs then lone shop still open in one walkway in the Pike Place Market in Seattle. Growth in the U.S. service sector slowed in March with a much bigger decline expected in coming months from all the shutdowns and job layoffs that have occurred because of efforts to contain the coronavirus. (AP Photo/Elaine Thompson, File)

Services sector index increases to 17-month high in July

By MARTIN CRUTSINGER - Associated Press

FILE - In this Wednesday, May 13, 2020 file photo, Ford Motor Co. employees work a ventilator at the Rawsonville plant in Ypsilanti Township, Mich. The plant was converted into a ventilator factory, as hospitals battling the coronavirus report shortages of the life-saving devices. According to the Institute for Supply Management, U.S. manufacturing rebounded in June 2020 as major parts of the country opened back up, ending three months of contraction in the sector caused by the coronavirus pandemic. (AP Photo/Carlos Osorio)

US manufacturing bounces back in June on reopenings

By MATT OTT - Associated Press

FILE - In this Thursday, April 2, 2020 file photo, bagel shop manager Samantha Maddocks runs then lone shop still open in one walkway in the Pike Place Market in Seattle. Growth in the U.S. service sector slowed in March with a much bigger decline expected in coming months from all the shutdowns and job layoffs that have occurred because of efforts to contain the coronavirus. (AP Photo/Elaine Thompson, File)

US service sector contracts for second month in May

By MARTIN CRUTSINGER - Associated Press

FILE - In this Nov. 20, 2019, file photo, workers are shown at an Apple manufacturing plant in Austin, Texas. American factories slowed for the third consecutive month in May as they continued to sustain economic damage from the coronavirus pandemic. The Institute for Supply Management, an association of purchasing managers, said Monday, June 1, 2020, that its manufacturing index came in at 43.1 last month after registering 41.5 in April. Anything below 50 signals that U.S. manufacturers are in retreat. (AP Photo/ Evan Vucci, File)

Survey: US factories sink in May for third straight month

By PAUL WISEMAN - Associated Press

FILE - In this June 24, 2019, file photo machines work on a Ford vehicle assembly line at Ford's Chicago Assembly Plant in Chicago. U.S. manufacturing retreated again in April, a victim of economic fallout from the coronavirus outbreak. The Institute for Supply Management, an association of purchasing managers, reported Friday, May 1, 2020, that its manufacturing index dropped to 41.5 last month from 49.1 in March. (AP Photo/Amr Alfiky, File)

US manufacturing falls in April as virus ravages economy

By PAUL WISEMAN - Associated Press

FILE - In this Thursday, April 2, 2020 file photo, bagel shop manager Samantha Maddocks runs then lone shop still open in one walkway in the Pike Place Market in Seattle. Growth in the U.S. service sector slowed in March with a much bigger decline expected in coming months from all the shutdowns and job layoffs that have occurred because of efforts to contain the coronavirus. (AP Photo/Elaine Thompson, File)

US service sectors slows in March

By MARTIN CRUTSINGER - Associated Press

FILE - In this Sept. 27, 2018, file photo robots weld the bed of a 2018 Ford F-150 truck on the assembly line at the Ford Rouge assembly plant in Dearborn, Mich. Ford says it wants to reopen five North American assembly plants in April 2020 that were closed due to the threat of coronavirus. The three Detroit automakers suspended production at North American factories March 19 ago under pressure from the United Auto Workers union, which had concerns about members working closely at work stations and possibly spreading the virus. (AP Photo/Carlos Osorio, File)

Surveys: Manufacturing contracts last month in US, world

By PAUL WISEMAN - Associated Press

FILE - In this Nov. 4, 2019 file photo, barista Porter Hahn makes an iced coffee drink for a customer in a coffee shop in Seattle. U.S. services companies grew at a faster pace in February 2020 than the previous month, an indication that the economy is still expanding, despite growing concerns about global coronavirus outbreak. The Institute for Supply Management said Wednesday, March 4, 2020 that its service-sector index rose to 57.3 from 55.5 in January. (AP Photo/Elaine Thompson, File)

US services companies grow in February

By MATT OTT - Associated Press

US services companies grew at a slightly faster pace

Associated Press

FILE - In this Nov. 27, 2019, file photo Dan Villegas stocks items in preparation for a holiday sale at a Walmart Supercenter in Las Vegas. On Tuesday, Jan. 7, 2020, the Institute for Supply Management, a trade group of purchasing managers, issues its index of non-manufacturing activity for December. (AP Photo/John Locher, File)

US services firms grew at a faster pace last month

By CHRISTOPHER RUGABER - Associated Press

FILE - In this March 27, 2019, file photo people work on the Boeing 737 MAX 8 assembly line during a brief media tour in Boeing's 737 assembly facility in Renton, Wash. On Friday, Jan 3, 2020, the Institute for Supply Management, an association of purchasing managers, reports on activity by U.S. manufacturers in December. (AP Photo/Ted S. Warren, File)

US manufacturing activity falls to lowest level in decade

By JOSH BOAK - Associated Press

In this Monday, Nov. 4, 2019, photo, barista Porter Hahn makes an iced coffee drink for a customer in a coffee shop in Seattle. On Tuesday, Nov. 5, the Institute for Supply Management, a trade group of purchasing managers, issues its index of non-manufacturing activity for September. (AP Photo/Elaine Thompson)

US services companies growth rebounds in October

By MATT OTT - Associated Press

In this Sept. 18, 2019, photo a Puckett Machinery Company technician walks past a new heavy duty Caterpillar excavator that awaits modification at Puckett Machinery Company in Flowood, Miss. On Tuesday, Oct. 1, the Institute for Supply Management, a trade group of purchasing managers, issues its index of manufacturing activity for September. (AP Photo/Rogelio V. Solis)

US manufacturing sinks to decade-low, stoking economic fear

By BANI SAPRA - Associated Press

FILE - In this June 12, 2019, file photo General Motors employees work on the chassis line as they build the frame, power train and suspension onto the truck's body at the Flint Assembly Plant in Flint, Mich. On Tuesday, Sept. 3, the Institute for Supply Management, a trade group of purchasing managers, issues its index of manufacturing activity for August. (Jake May/The Flint Journal via AP, File)

US factories shrink for 1st time in 3 years amid trade war

By BANI SAPRA and CHRISTOPHER RUGABER - Associated Press

FILE - In this June 24, 2019, file photo Ford's employees work on a Lincoln Aviator and Ford Explorer lines at Ford's Chicago Assembly Plant in Chicago. On Monday, July 1, the Institute for Supply Management, a trade group of purchasing managers, issues its index of manufacturing activity for June. (AP Photo/Amr Alfiky, File)

US manufacturing growth slows in June for 3rd straight month

By CHRISTOPHER RUGABER - Associated Press

FILE - In this March 27, 2019, file photo cashier Edward Kelliher sells lottery tickets at the Lotto Store at Primm just inside the California border near Primm, Nev. On Wednesday, June 5, the Institute for Supply Management, a trade group of purchasing managers, issues its index of non-manufacturing activity for May. (AP Photo/John Locher, File)

US services company grew at faster pace in May

By JOSH BOAK - Associated Press