vimarsana.com

Page 12 - உற்பத்தி வணிக கணக்கெடுப்பு குழு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Services PMI® at 55 3%; February 2021 Services ISM® Report On Business®

®. The report was issued today by Anthony Nieves, CPSM, C.P.M., A.P.P., CFPM, Chair of the Institute for Supply Management ® (ISM ®) Services Business Survey Committee: The Services PMI ® registered 55.3 percent, 3.4 percentage points lower than the January reading of 58.7 percent. This reading indicates the ninth straight month of growth for the services sector, which has expanded for all but two of the last 133 months. The Supplier Deliveries Index registered 60.8 percent, up 3 percentage points from January s reading of 57.8 percent. (Supplier Deliveries is the only ISM ® Report On Business ® index that is inversed; a reading of above 50 percent indicates slower deliveries, which is typical as the economy improves and customer demand increases.)

US manufacturing expands most in three years as prices climb

Manufacturing index grows to highest post-pandemic level

© Getty Images The Institute for Supply Management s Manufacturing PMI, a central measure of the health of the manufacturing industry, rose to 60.8 percent in February, its highest level since the pandemic took hold last year. The index was 2.1 points higher than January, and represents the ninth consecutive month of growth after shrinking in March, April and May. Any reading over 50 percent indicates growth. ADVERTISEMENT “The manufacturing economy continued its recovery in February, said Timothy R. Fiore, who chairs the ISM Manufacturing Business Survey Committee. But challenges remain. Issues with absenteeism, short-term shutdowns to sanitize facilities, and difficulties in hiring workers remain challenges and continue to cause strains that limit manufacturing-growth potential, Fiore said.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.