The July 2020 ISM-New York Report on Business: The Rebound Continues

The July ISM-New York Report on Business was released on August 4th at 9:45am Eastern and is available for download here pdf2020_ISM-New_York_July_ROB_v01.pdf. Please see the end of this commentary for additional information about the ISM-New York Report on Business.

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The January ISM-New York Report on Business: Long Term Growth Without Employment?

The January ISM-New York Report on Business was released on February 4th at 9:45am Eastern and is available for download here. Please see the end of this commentary for additional information on the ISM-New York Report on Business.

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The January ISM-New York Report on Business: Current Conditions Still Underwater

The January ISM-New York Report on Business was released on February 4th at 9:45am Eastern and is available for download here: pdf2020_ISM-NewYork_January_ROB_v02.pdf. Please see the end of this commentary for additional information about the ISM-New York Report on Business.

In January, New York City purchasing managers reported Current Business Conditions that - while improved - still failed to reach the breakeven point.

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The February ISM-New York Report on Business: Short Term Upturn

The February ISM-New York Report on Business was released on March 3rd at 9:45am Eastern and is available for download here. Please see the end of this commentary for additional information about the ...

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The February ISM-New York Report on Business: Moderate Ups and Downs

The February ISM-New York Report on Business was released on March 4th at 9:45am Eastern and is available for download here. Please see the end of this commentary for additional information on the ISM-New York Report on Business.

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The December ISM-New York Report on Business: Happy new year?

The December ISM-New York Report on Business was released on January 3rd at 9:45am Eastern and is available for download here. Please see the end of this commentary for additional information about the ISM-New York Report on Business.

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The December ISM-New York Report on Business: Downward Close to 2018

The December ISM-New York Report on Business was released on January 3rd at 9:45am Eastern and is available for download here. Please see the end of this commentary for additional information on the ISM-New York Report on Business.

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The August ISM-New York Report on Business: Nowhere to go but down... except up

The August ISM-New York Report on Business was released on September 5th at 9:45am Eastern and is available for download here.

Like the other ISM reports, the ISM-New York Report on Business is compiled as diffusion indices –we add the percent of positive responses to one-half of those responding that conditions remained the same.  A reading of 50.0 means no change from the prior month, greater than 50.0 indicates a faster pace of activity, and less than 50.0 a slower rate. Each month is not so much a reading of the current level of activity as it is an indication of growth or contraction from the previous month.

A note specific to the New York Metro area, where all of this report’s respondants are located: they are predominantly in professional services industries. It is important to keep this in mind when we think about the context for the trends being reported by these particular purchasing managers.

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The August ISM-New York Report on Business: More Up Than Down

The August ISM-New York Report on Business was released on September 4th at 9:45am Eastern and is available for download here. Please see the end of this commentary for additional information about the ISM-New York Report on Business.

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The April ISM-New York Report on Business: Searching for the Bottom

The April ISM-New York Report on Business was released on May 4th at 9:45am Eastern and is available for download pdfhere. Please see the end of this commentary for additional information about the ISM-New York Report on Business.

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The April ISM-New York Report on Business: Lofty Long-term Expectations

The April ISM-New York Report on Business was released on May 2nd at 9:45am Eastern and is available for download here. Please see the end of this commentary for additional information on the ISM-New York Report on Business.

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Survey Chair Commentary: The May ISM-New York Report on Business

The May ISM-New York Report on Business was released on June 4th at 9:45am Eastern and is available for download here.

The ISM-New York Report on Business (like the other ISM reports) is compiled as diffusion indices –we add the percent of positive responses to one-half of those responding that conditions remained the same.  A reading of 50% means no change from the prior month, greater than 50% indicates a faster pace of activity, and less than 50% a slower rate. Each month is not so much a reading of the current level of activity as it is an indication of growth or contraction from the previous month.

A note specific to the New York Metro area, where all of this report’s respondants are located: they are predominantly in professional services industries. While I’m sure that does not come as a surprise, it is important to keep in mind when you think about the context for the trends being reported by these particular purchasing managers.

With that background, let’s transition to this month’s report.

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Survey Chair Commentary: The June ISM-New York Report on Business

The June ISM-New York Report on Business was released on July 3rd at 9:45am Eastern and is available for download here.

Like the other ISM reports, the ISM-New York Report on Business is compiled as diffusion indices –we add the percent of positive responses to one-half of those responding that conditions remained the same.  A reading of 50.0 means no change from the prior month, greater than 50.0 indicates a faster pace of activity, and less than 50.0 a slower rate. Each month is not so much a reading of the current level of activity as it is an indication of growth or contraction from the previous month.

A note specific to the New York Metro area, where all of this report’s respondants are located: they are predominantly in professional services industries. It is important to keep this in mind when we think about the context for the trends being reported by these particular purchasing managers.

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Survey Chair Commentary: The July ISM-New York Report on Business

The July ISM-New York Report on Business was released on August 2nd at 9:45am Eastern and is available for download here.

Like the other ISM reports, the ISM-New York Report on Business is compiled as diffusion indices –we add the percent of positive responses to one-half of those responding that conditions remained the same.  A reading of 50.0 means no change from the prior month, greater than 50.0 indicates a faster pace of activity, and less than 50.0 a slower rate. Each month is not so much a reading of the current level of activity as it is an indication of growth or contraction from the previous month.

A note specific to the New York Metro area, where all of this report’s respondants are located: they are predominantly in professional services industries. It is important to keep this in mind when we think about the context for the trends being reported by these particular purchasing managers.

Continue reading
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