Tuesday, June 5, 2012

ISM Report on Business - 6/5/12

The May ISM Non-manufacturing index was reported today and was at 53.73, up 0.27% from the previous month.  On the other hand, PMI from the Manufacturing index that was released Friday was down month over month.  9 of the 10 categories in the Non-manufacturing survey are above 50.  A reading above 50 percent indicates the sector is generally expanding; below 50 percent indicates the is generally contracting.  5 out of the 10 categories in the Manufacturing survey are below 50.  I have averaged the Manufacturing and Non-manufacturing components to create a composite reading.  9 of the 10 categories in the composite are above 50.  

Below is an interactive graph.  You can interact with the graph by choosing what to display.  The INDICATOR category contains all 10 areas surveyed as well as the PMI and NMI composites.  The choices in the MA/NMA category allow you to view the Manufacturing report (MA), the Non-manufacturing report (NMA), and a composite of the two.  The DATES category allows you to view specific periods of time.

All information, data and analysis provided by this website is for informational purposes only and is not a recommendation to buy or sell any security.   Click here for more details.

Furthermore, these charts have limitations.  Economic data is often revised after the fact.  The market is forward looking and anticipates future events.  The unexpected can and will happen.  The market is continually changing.  The conditions of the past are different from the present.  Past performance is not an indication of future performance.