US ISM Non-Manufacturing Comprehensive Business Index Suggests Expansion of Activity in July - Order Recovery
Updated 2024/8/5 23:34 JST (some excerpts)
The July Non-Manufacturing Comprehensive Business Condition Index announced by the U.S. Supply Management Association (ISM) showed an expansion of activity. There is a possibility that it will weaken concerns that the economic slowdown will spread far and wide. The previous month suggested a contraction in activity, and it was at a low level for the first time in 4 years.
The non-manufacturing composite business climate index is 51.4
Up from 48.8 in the previous month
The median market forecast is 51
50 is the boundary between expansion and contraction of activities
The July Non-Manufacturing Comprehensive Business Condition Index announced by the U.S. Supply Management Association (ISM) showed an expansion of activity. There is a possibility that it will weaken concerns that the economic slowdown will spread far and wide. The previous month suggested a contraction in activity, and it was at a low level for the first time in 4 years.
The non-manufacturing composite business climate index is 51.4
Up from 48.8 in the previous month
The median market forecast is 51
50 is the boundary between expansion and contraction of activities
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