04.08.2021 16:00

Services PMI® at 64.1%; July 2021 Services ISM® Report On Business®

Folgen
Werbung

Business Activity Index at 67%; New Orders Index at 63.7%; Employment Index at 53.8%; Supplier Deliveries Index at 72%

TEMPE, Ariz., Aug. 4, 2021 /PRNewswire/ -- Economic activity in the services sector grew in July for the 14th month in a row, say the nation's purchasing and supply executives in the latest 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 another all-time high of 64.1 percent, which is 4 percentage points higher than the June reading of 60.1 and eclipses the previous record of 64 percent in May 2021. The July reading indicates the 14th straight month of growth for the services sector, which has expanded for all but two of the last 138 months.

"The Supplier Deliveries Index registered 72 percent, up 3.5 percentage points from June's reading of 68.5 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.) The Prices Index registered 82.3 percent, up 2.8 percentage points from the June figure of 79.5 percent and its second-highest reading ever, behind September 2005 (83.5 percent).

"According to the Services PMI®, 17 services industries reported growth. The composite index indicated growth for the 14th consecutive month after a two-month contraction in April and May 2020. The rate of expansion in the services sector recorded another all-time high. The Employment Index reflected growth, even though the constrained labor pool continues to be an issue. Materials shortages, inflation and logistics continue to negatively impact the continuity of supply," says Nieves.

INDUSTRY PERFORMANCE

The 17 services industries reporting growth in July — listed in order — are: Arts, Entertainment & Recreation; Wholesale Trade; Accommodation & Food Services; Management of Companies & Support Services; Retail Trade; Real Estate, Rental & Leasing; Transportation & Warehousing; Information; Other Services; Public Administration; Construction; Health Care & Social Assistance; Utilities; Professional, Scientific & Technical Services; Educational Services; Finance & Insurance; and Mining. No industry reported a decrease in July.

WHAT RESPONDENTS ARE SAYING

  • "Peak demand while still facing challenges filling open positions." [Accommodation & Food Services]
  • "The slow movement of container traffic has definitely impacted our business in the first half of the year. We expect the situation will take another year to correct itself." [Agriculture, Forestry, Fishing & Hunting]
  • "Costs have risen dramatically in the last 45 days. Lodging, fuel, travel and supplies are all rising sharply. Costs for available labor are also rising, as demand increases in a diminished labor pool." [Construction]
  • "Surgical volumes continue to increase, reflecting pent-up demand for services. However, the COVID-19 delta variant is impeding our ability to manage increased surgical volumes due to increased COVID-19 case admissions. Consistency of supply in a couple of categories (coagulation tubes and nitrile gloves) remains challenging, though moderately manageable." [Health Care & Social Assistance]
  • "Fuel prices are coming back down a bit. Labor shortage continues for drivers and general labor work. We have increased pay for many positions, but the shortage continues." [Management of Companies & Support Services]
  • "Supply chain disruptions continue to impact sales." [Professional, Scientific & Technical Services]
  • "Appliances, laptops and certain chemicals are still in short supply." [Public Administration]
  • "Business continues to gain speed as the economy recovers and assuming there won't be additional government-mandated lockdowns." [Real Estate, Rental & Leasing]
  • "Continued shortages in computer equipment (laptops and PCs) are challenging for fulfillment needs. Corporate travel has resumed, but we're seeing many flight cancellations and car-rental shortages. Heating, ventilation and air conditioning (HVAC) repairs also impacted by longer than normal lead times for replacement units." [Retail Trade]
  • "Ocean freight costs have created a negative impact to our business. The congestions at (the ports of) Long Beach/Los Angeles and Seattle have increased lead time by 15 days. Additional delays are occurring at the Chicago rail yard, (causing) two to three weeks of additional lead time." [Wholesale Trade]

ISM® SERVICES SURVEY RESULTS AT A GLANCE

COMPARISON OF ISM® SERVICES AND ISM® MANUFACTURING SURVEYS

July 2021

Index

 Services PMI®

Manufacturing PMI®

Series

 Index

Jul

Series

 Index

Jun

Percent

 Point

 Change

Direction

Rate of

 Change

Trend**

(Months)

Series

 Index

Jul

Series

 Index

Jun

Percent

 Point

 Change

Services PMI®

64.1

60.1

+4.0

Growing

Faster

14

59.5

60.6

-1.1

Business Activity/

Production

67.0

60.4

+6.6

Growing

Faster

14

58.4

60.8

-2.4

New Orders

63.7

62.1

+1.6

Growing

Faster

14

64.9

66.0

-1.1

Employment

53.8

49.3

+4.5

Growing

From

 Contracting

1

52.9

49.9

+3.0

Supplier Deliveries

72.0

68.5

+3.5

Slowing

Faster

26

72.5

75.1

-2.6

Inventories

49.2

49.9

-0.7

Contracting

Faster

2

48.9

51.1

-2.2

Prices

82.3

79.5

+2.8

Increasing

Faster

50

85.7

92.1

-6.4

Backlog of Orders

63.5

65.8

-2.3

Growing

Slower

7

65.0

64.5

+0.5

New Export Orders

65.8

50.7

+15.1

Growing

Faster

6

55.7

56.2

-0.5

Imports

51.6

58.2

-6.6

Growing

Slower

10

53.7

61.0

-7.3

Inventory Sentiment

40.3

37.2

+3.1

Too Low

Slower

4

N/A

N/A

N/A

Customers' Inventories

N/A

N/A

N/A

N/A

N/A

N/A

25.0

30.8

-5.8

Overall Economy

Growing

Faster

14


Services Sector

Growing

Faster

14


Services ISM® Report On Business® data is seasonally adjusted for the Business Activity, New Orders, Prices and Employment indexes. Manufacturing ISM® Report On Business® data is seasonally adjusted for New Orders, Production, Employment and Inventories indexes.

**Number of months moving in current direction.

COMMODITIES REPORTED UP/DOWN IN PRICE, AND IN SHORT SUPPLY

Commodities Up in Price

Aluminum; Chicken (3); Construction Contractors; Construction Subcontractors; Copper Products; Corrugated Boxes; Diesel (8); Electrical Components (6); Electronic Components; Engineered Wood Products (2); Fiber-Optic Cable; Freight (3); Fuel* (7); Gasoline (8); Labor (8); Labor — Temporary (7); Lobster Tails (2); Lumber* (7); Metal Products (3); Oriented Strand Board (OSB) (8); Packaging Materials (3); Plumbing Products; Polyvinyl Chloride (PVC) Products (11); Resin-Based Products; Steel (11); Steel Products (7); Transportation Rates; Welding Products; and Wood — Pallets (2).

Commodities Down in Price

Fuel*; Lumber*; and Personal Protective Equipment (PPE) (2).

Commodities in Short Supply

Chemicals; Circuit Breakers; Construction Contractors; Electrical Components (4); Electronic Components (4); Engineered Wood Products; Fiber-Optic Cable; Gloves (8); Labor — Temporary (7); Nitrile Gloves (14); Pipette (5); Plastic Products (2); Polyvinyl Chloride (PVC) Products (6); Semiconductors; Sterile Surgical Wraps; Vehicles (3); Wood — Pallets; and Wood Products.

Note: The number of consecutive months the commodity is listed is indicated after each item.

*Indicates those commodities reported both up and down in price.

JULY 2021 SERVICES INDEX SUMMARIES

Services PMI®

In July, the Services PMI® registered 64.1 percent, a 4-percentage point increase compared to the June figure of 60.1 percent. This is the highest reading since the inception of the Services PMI® in 2008. This reading indicates the services sector grew for the 14th consecutive month after two months of contraction and 122 months of growth before that. A reading above 50 percent indicates the services sector economy is generally expanding; below 50 percent indicates the services sector is generally contracting.

A Services PMI® above 49.2 percent, over time, generally indicates an expansion of the overall economy. Therefore, the July Services PMI® indicates expansion for a 14th straight month following two months of contraction and a preceding period of 127 months of growth. Nieves says, "The past relationship between the Services PMI® and the overall economy indicates that the Services PMI® for July (64.1 percent) corresponds to a 5.2-percent increase in real gross domestic product (GDP) on an annualized basis."

SERVICES PMI®HISTORY

Month

Services PMI®

Month

Services PMI®

Jul 2021

64.1

Jan 2021

58.7

Jun 2021

60.1

Dec 2020

57.7

May 2021

64.0

Nov 2020

56.8

Apr 2021

62.7

Oct 2020

56.2

Mar 2021

63.7

Sep 2020

57.2

Feb 2021

55.3

Aug 2020

57.2

Average for 12 months – 59.5

High – 64.1

Low – 55.3

Business Activity

ISM®'s Business Activity Index registered 67 percent in July, an increase of 6.6 percentage points from the June reading of 60.4 percent. This represents growth for the 14th consecutive month. Comments from respondents include: "Pent-up demand driving transactions" and "Increased business as companies begin to fully reopen and remote workers return to offices."

The 17 industries reporting an increase in business activity for the month of July — listed in order — are: Arts, Entertainment & Recreation; Management of Companies & Support Services; Wholesale Trade; Retail Trade; Real Estate, Rental & Leasing; Accommodation & Food Services; Information; Health Care & Social Assistance; Transportation & Warehousing; Public Administration; Utilities; Other Services; Construction; Professional, Scientific & Technical Services; Finance & Insurance; Educational Services; and Mining. No industry reported a decrease in July.

Business Activity

%Higher

%Same

%Lower

Index

Jul 2021

41.9

55.2

2.9

67.0

Jun 2021

39.1

46.3

14.5

60.4

May 2021

45.6

45.5

8.9

66.2

Apr 2021

46.0

48.3

5.7

62.7

New Orders

ISM®'s New Orders Index registered 63.7 percent, an increase of 1.6 percentage points from the June reading of 62.1 percent. New orders grew for the 14th consecutive month after two months of contraction and a preceding period of 128 months of expansion. Comments from respondents include: "More companies are opening for business as usual after the pandemic" and "Customer demand continues to increase."

The 16 industries that reported growth of new orders in July — listed in order — are: Arts, Entertainment & Recreation; Wholesale Trade; Management of Companies & Support Services; Real Estate, Rental & Leasing; Other Services; Public Administration; Accommodation & Food Services; Health Care & Social Assistance; Utilities; Retail Trade; Transportation & Warehousing; Finance & Insurance; Educational Services; Information; Professional, Scientific & Technical Services; and Construction. The only industry reporting a decrease in new orders for the month of July is Mining.

New Orders

%Higher

%Same

%Lower

Index

Jul 2021

36.2

59.2

4.6

63.7

Jun 2021

42.0

43.8

14.2

62.1

May 2021

43.5

45.2

11.4

63.9

Apr 2021

45.1

48.9

6.0

63.2

Employment

Employment activity in the services sector grew in July after a month of contraction. ISM®'s Services Employment Index registered 53.8 percent in July, up 4.5 percentage points from the June reading of 49.3 percent. Comments from respondents include: "Trying to aggressively fill positions. (However, it is) very difficult to get positions filled. (We are) still using agency clinical staffing. Looks like people don't want to work in the lower support service areas." Also: "Demand is up, and it is hard to find employees."

The 13 industries reporting an increase in employment in July — listed in order — are: Arts, Entertainment & Recreation; Accommodation & Food Services; Mining; Information; Retail Trade; Transportation & Warehousing; Wholesale Trade; Construction; Management of Companies & Support Services; Public Administration; Utilities; Professional, Scientific & Technical Services; and Finance & Insurance. The three industries that reported a reduction in employment in July are: Real Estate, Rental & Leasing; Educational Services; and Health Care & Social Assistance.

Employment

%Higher

%Same

%Lower

Index

Jul 2021

25.3

59.6

15.1

53.8

Jun 2021

23.3

58.9

17.8

49.3

May 2021

27.2

58.4

14.4

55.3

Apr 2021

26.7

64.4

8.9

58.8

Supplier Deliveries

The Supplier Deliveries Index registered 72 percent, which is 3.5 percentage points higher than the 68.5 percent reported in June. A reading above 50 percent indicates slower deliveries, while a reading below 50 percent indicates faster deliveries. Comments from respondents include: "Huge importation delays from Asia and U.S. ports and rails. The main bottleneck is due to the big ocean vessels' limited capacity and container availability, equipment in U.S. ports (and) truck-driver shortages." Also: "Shortage of logistics capacity."

The 17 industries reporting slower deliveries in July — listed in order — are: Real Estate, Rental & Leasing; Accommodation & Food Services; Arts, Entertainment & Recreation; Wholesale Trade; Other Services; Retail Trade; Transportation & Warehousing; Information; Public Administration; Construction; Health Care & Social Assistance; Management of Companies & Support Services; Utilities; Educational Services; Professional, Scientific & Technical Services; Mining; and Finance & Insurance. No industries reported faster supplier deliveries in July.

Supplier Deliveries

%Slower

%Same

%Faster

Index

Jul 2021

45.8

52.5

1.7

72.0

Jun 2021

39.9

57.1

3.0

68.5

May 2021

41.9

57.0

1.1

70.4

Apr 2021

36.4

59.6

4.1

66.1

Inventories

The Inventories Index contracted in July for the second consecutive month. The reading of 49.2 percent was a 0.7-percentage point decrease from the 49.9 percent reported in June. Of the total respondents in July, 39 percent indicated they do not have inventories or do not measure them. Comments from respondents include: "Distributors still operating on a lean model, and shipping delays around the world right now are causing many stockouts" and "Not enough stock on hand; shortages all across the board due to increase in usage and extended lead times."

The 10 industries reporting an increase in inventories in July — listed in order — are: Arts, Entertainment & Recreation; Agriculture, Forestry, Fishing & Hunting; Other Services; Finance & Insurance; Accommodation & Food Services; Retail Trade; Utilities; Wholesale Trade; Information; and Professional, Scientific & Technical Services. The five industries reporting a decrease in inventories in July are: Real Estate, Rental & Leasing; Transportation & Warehousing; Mining; Educational Services; and Health Care & Social Assistance.

Inventories

%Higher

%Same

%Lower

Index

Jul 2021

22.7

52.9

24.4

49.2

Jun 2021

26.3

47.2

26.5

49.9

May 2021

23.9

55.2

20.9

51.5

Apr 2021

20.1

58.1

21.8

49.1

Prices

Prices paid by service organizations for materials and services increased in July, with the index registering 82.3 percent, 2.8 percentage points higher than June's reading of 79.5 percent. This is the third month the Prices Index has surpassed 80 percent — the other two are September 2005 (83.5 percent) and May 2021 (80.6 percent) — since data collection for the Services ISM®Report On Business® began in 1997.

The 17 services industries that reported an increase in prices paid during the month of July — listed in order — are: Arts, Entertainment & Recreation; Real Estate, Rental & Leasing; Mining; Retail Trade; Wholesale Trade; Utilities; Construction; Transportation & Warehousing; Finance & Insurance; Other Services; Accommodation & Food Services; Management of Companies & Support Services; Public Administration; Educational Services; Information; Health Care & Social Assistance; and Professional, Scientific & Technical Services. No industry reported a decrease in prices for the month of July.

Prices

%Higher

%Same

%Lower

Index

Jul 2021

66.7

32.5

0.8

82.3

Jun 2021

62.9

35.9

1.2

79.5

May 2021

65.9

33.5

0.5

80.6

Apr 2021

58.4

40.4

1.2

76.8

NOTE: Commodities reported as up in price and down in price are listed in the commodities section of this report.

Backlog of Orders

The ISM® Services Backlog of Orders Index grew in July for the 13th time in the last 14 months. The index registered 63.5 percent; 2.3 percentage points lower than the 65.8 percent reported in June. Of the total respondents in July, 37 percent indicated they do not measure backlog of orders.

The 13 industries reporting an increase in order backlogs in July — listed in order — are: Retail Trade; Accommodation & Food Services; Transportation & Warehousing; Real Estate, Rental & Leasing; Management of Companies & Support Services; Health Care & Social Assistance; Wholesale Trade; Construction; Information; Other Services; Utilities; Public Administration; and Professional, Scientific & Technical Services. The three industries that reported a decrease in backlogs in July are: Agriculture, Forestry, Fishing & Hunting; Educational Services; and Mining.

Backlog of Orders

%Higher

%Same

%Lower

Index

Jul 2021

32.8

61.3

5.9

63.5

Jun 2021

35.4

60.7

3.9

65.8

May 2021

32.1

58.1

9.8

61.1

Apr 2021

21.9

67.7

10.4

55.7

New Export Orders

Orders and requests for services and other non-manufacturing activities to be provided outside of the U.S. by domestically based companies grew in July for the sixth consecutive month. The New Export Orders Index registered 65.8 percent in July, 15.1 percentage points higher than the 50.7 percent reported in June and its second-highest reading ever, behind May 2007 (66 percent). This is the index's second-largest single-month increase; a 17.4-percentage point gain occurred between May and June 2020. Of the total respondents in July, 70 percent indicated they either do not perform, or do not separately measure, orders for work outside of the U.S.

The 10 industries reporting an increase in new export orders in July — listed in order — are: Real Estate, Rental & Leasing; Accommodation & Food Services; Retail Trade; Construction; Educational Services; Wholesale Trade; Professional, Scientific & Technical Services; Transportation & Warehousing; Information; and Finance & Insurance. The only industry reporting a decrease in exports in July is Public Administration. Seven industries reported no change in July.

New Export Orders

%Higher

%Same

%Lower

Index

Jul 2021

33.3

65.0

1.7

65.8

Jun 2021

13.7

73.9

12.4

50.7

May 2021

25.0

70.0

5.0

60.0

Apr 2021

19.5

78.3

2.2

58.6

Imports

The Imports Index grew at a slower rate in July, as it registered 51.6 percent, 6.6 percentage points lower than June's figure of 58.2 percent. Seventy-six percent of respondents reported that they do not use, or do not track the use of, imported materials.

The five industries reporting an increase in imports for the month of July are: Educational Services; Wholesale Trade; Finance & Insurance; Utilities; and Professional, Scientific & Technical Services. The two industries reporting a decrease in imports in July are: Accommodation & Food Services; and Health Care & Social Assistance. Eleven industries reported no change in imports in July.

Imports

%Higher

%Same

%Lower

Index

Jul 2021

8.2

86.9

4.9

51.6

Jun 2021

21.2

74.0

4.8

58.2

May 2021

15.4

70.0

14.6

50.4

Apr 2021

16.9

77.4

5.6

55.7

Inventory Sentiment

The ISM® Services Inventory Sentiment Index contracted in July for the fourth consecutive month, registering 40.3 percent, which is 3.1 percentage points higher than June's figure of 37.2 percent. This indicates that respondents feel that inventories are too low when correlated to their level of business.

The five industries reporting sentiment that their inventories were too high in July are: Arts, Entertainment & Recreation; Mining; Other Services; Utilities; and Health Care & Social Assistance. The 10 industries reporting a feeling that their inventories were too low in July — listed in order — are: Accommodation & Food Services; Management of Companies & Support Services; Retail Trade; Real Estate, Rental & Leasing; Professional, Scientific & Technical Services; Transportation & Warehousing; Wholesale Trade; Construction; Public Administration; and Information.

Inventory
Sentiment

%Too

High

%About
Right

%Too

Low

Index

Jul 2021

9.5

61.6

28.9

40.3

Jun 2021

8.6

57.2

34.2

37.2

May 2021

13.0

55.0

32.0

40.5

Apr 2021

9.7

74.2

16.1

46.8

About This Report

DO NOT CONFUSE THIS NATIONAL REPORT with the various regional purchasing reports released across the country. The national report's information reflects the entire U.S., while the regional reports contain primarily regional data from their local vicinities. Also, the information in the regional reports is not used in calculating the results of the national report. The information compiled in this report is for the month of July 2021.

The data presented herein is obtained from a survey of supply executives in the services sector based on information they have collected within their respective organizations. ISM® makes no representation, other than that stated within this release, regarding the individual company data collection procedures. The data should be compared to all other economic data sources when used in decision-making.

Data and Method of Presentation

The Services ISM® Report On Business® (formerly the Non-Manufacturing ISM® Report On Business®) is based on data compiled from purchasing and supply executives nationwide. Membership of the Services Business Survey Committee (formerly Non-Manufacturing Business Survey Committee) is diversified by NAICS, based on each industry's contribution to gross domestic product (GDP). The Services Business Survey Committee responses are divided into the following NAICS code categories: Agriculture, Forestry, Fishing & Hunting; Mining; Utilities; Construction; Wholesale Trade; Retail Trade; Transportation & Warehousing; Information; Finance & Insurance; Real Estate, Rental & Leasing; Professional, Scientific & Technical Services; Management of Companies & Support Services; Educational Services; Health Care & Social Assistance; Arts, Entertainment & Recreation; Accommodation & Food Services; Public Administration; and Other Services (services such as Equipment & Machinery Repairing; Promoting or Administering Religious Activities; Grantmaking; Advocacy; and Providing Dry-Cleaning & Laundry Services, Personal Care Services, Death Care Services, Pet Care Services, Photofinishing Services, Temporary Parking Services, and Dating Services).

Survey responses reflect the change, if any, in the current month compared to the previous month. For each of the indicators measured (Business Activity, New Orders, Backlog of Orders, New Export Orders, Inventory Change, Inventory Sentiment, Imports, Prices, Employment and Supplier Deliveries), this report shows the percentage reporting each response and the diffusion index. Responses represent raw data and are never changed. Data is seasonally adjusted for Business Activity, New Orders, Prices and Employment. All seasonal adjustment factors are subject annually to relatively minor changes when conditions warrant them. The remaining indexes have not indicated significant seasonality.

The Services PMI® is a composite index based on the diffusion indexes for four of the indicators with equal weights: Business Activity (seasonally adjusted), New Orders (seasonally adjusted), Employment (seasonally adjusted) and Supplier Deliveries. Diffusion indexes have the properties of leading indicators and are convenient summary measures showing the prevailing direction of change and the scope of change. An index reading above 50 percent indicates that the services economy is generally expanding; below 50 percent indicates that it is generally declining. Supplier Deliveries is an exception. A Supplier Deliveries Index above 50 percent indicates slower deliveries and below 50 percent indicates faster deliveries.

A Services PMI® above 49.2 percent, over time, indicates that the overall economy, or gross domestic product (GDP), is generally expanding; below 49.2 percent, it is generally declining. The distance from 50 percent or 49.2 percent is indicative of the strength of the expansion or decline.

The ServicesISM® Report On Business® survey is sent out to Services Business Survey Committee respondents the first part of each month. Respondents are asked to ONLY report on U.S. operations for the current month. ISM® receives survey responses throughout most of any given month, with the majority of respondents generally waiting until late in the month to submit responses to give the most accurate picture of current business activity. ISM® then compiles the report for release on the third business day of the following month.

The industries reporting growth, as indicated in the ServicesISM® Report On Business® monthly report, are listed in the order of most growth to least growth. For the industries reporting contraction or decreases, those are listed in the order of the highest level of contraction/decrease to the least level of contraction/decrease.

ISM ROB Content

The Institute for Supply Management® ("ISM") Report On Business® (Manufacturing, Services and Hospital reports) ("ISM ROB") contains information, text, files, images, video, sounds, musical works, works of authorship, applications, and any other materials or content (collectively, "Content") of ISM ("ISM ROB Content"). ISM ROB Content is protected by copyright, trademark, trade secret, and other laws, and as between you and ISM, ISM owns and retains all rights in the ISM ROB Content. ISM hereby grants you a limited, revocable, nonsublicensable license to access and display on your individual device the ISM ROB Content (excluding any software code) solely for your personal, non-commercial use. The ISM ROB Content shall also contain Content of users and other ISM licensors. Except as provided herein or as explicitly allowed in writing by ISM, you shall not copy, download, stream, capture, reproduce, duplicate, archive, upload, modify, translate, publish, broadcast, transmit, retransmit, distribute, perform, display, sell, or otherwise use any ISM ROB Content.

Except as explicitly and expressly permitted by ISM, you are strictly prohibited from creating works or materials (including, but not limited to: tables, charts, data streams, time-series variables, fonts, icons, link buttons, wallpaper, desktop themes, online postcards, montages, mashups and similar videos, greeting cards, and unlicensed merchandise) that derive from or are based on the ISM ROB Content. This prohibition applies regardless of whether the derivative works or materials are sold, bartered, or given away. You shall not either directly or through the use of any device, software, internet site, web-based service, or other means remove, alter, bypass, avoid, interfere with, or circumvent any copyright, trademark, or other proprietary notices marked on the Content or any digital rights management mechanism, device, or other content protection or access control measure associated with the Content including geo-filtering mechanisms. Without prior written authorization from ISM, you shall not build a business utilizing the Content, whether or not for profit.

You shall not create, recreate, distribute, incorporate in other work, or advertise an index of any portion of the Content unless you receive prior written authorization from ISM. Requests for permission to reproduce or distribute ISM ROB Content can be made by contacting in writing at: ISM Research, Institute for Supply Management, 309 W. Elliot Road, Suite 113, Tempe, AZ 85284-1556, or by emailing kcahill@ismworld.org; subject: Content Request.

ISM shall not have any liability, duty, or obligation for or relating to the ISM ROB Content or other information contained herein, any errors, inaccuracies, omissions or delays in providing any ISM ROB Content, or for any actions taken in reliance thereon. In no event shall ISM be liable for any special, incidental, or consequential damages, arising out of the use of the ISM ROB. Report On Business®, Manufacturing PMI®, Services PMI®, and Hospital PMI are registered trademarks of Institute for Supply Management®. Institute for Supply Management® and ISM® are registered trademarks of Institute for Supply Management, Inc.

About Institute for Supply Management®

Institute for Supply Management® (ISM®) serves supply management professionals in more than 90 countries. Its 50,000 members around the world manage about US$1 trillion in corporate and government supply chain procurement annually. Founded in 1915 as the first supply management institute in the world, ISM is committed to advancing the practice of supply management to drive value and competitive advantage for its members, contributing to a prosperous and sustainable world. ISM leads the profession through the ISM Report On Business®, its highly regarded certification programs and the ISM Mastery Model®. This report has been issued by the association since 1931, except for a four-year interruption during World War II.

The full text version of the Services ISM® Report On Business®is posted on ISM®'s website at www.ismrob.org on the third business day* of every month after 10:00 a.m. ET.

The next Services ISM® Report On Business®featuring August 2021 data will be released at 10:00 a.m. ET on Friday, September 3, 2021.

*Unless the New York Stock Exchange is closed.

Contact:

Kristina Cahill


Report On Business® Analyst


ISM®, ROB/Research Manager


Tempe, Arizona


+1 480.455.5910


Email: kcahill@ismworld.org

 

Institute for Supply Management logo. (PRNewsFoto/Institute for Supply Management)

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/services-pmi-at-64-1-july-2021-services-ism-report-on-business-301347632.html

SOURCE Institute for Supply Management

Werbung
Werbung
Werbung
Werbung
Börse Stuttgart Anlegerclub
Werbung

Heute im Fokus

DAX sackt ab -- Wall Street leichter -- BioNTech/Pfizer wollen Zulassung von COVID-Impfstoff für Kinder -- ABOUT YOU hebt Umsatzprognose an -- Evergrande, BASF, Aurora Cannabis im Fokus

Covestro rechnet mit deutlichem Gewinnzuwachs bis 2024. Tech-Aktien kräftig unter Druck wegen "Zentralbank-Angst". HELLA mit Gewinn im ersten Quartal. Chronext kommt im Oktober an die Schweizer Börse. Zalando investiert in finnisches Textiltechnologie-Unternehmen. Merck & Co will offenbar Acceleron Pharma übernehmen.

Umfrage

Welches Regierungsbündnis würden Sie bevorzugen?

finanzen.net zero
finanzen.net zero

Oskar

ETF-Sparplan

Oskar ist der einfache und intelligente ETF-Sparplan. Er übernimmt die ETF-Auswahl, ist steuersmart, transparent und kostengünstig.
Zur klassischen Ansicht wechseln