U.S. ISM Non-Manufacturing Index Annual Revisions

Business at U.S. service companies expanded more in December than initially reported.

The Institute for Supply Management’s composite non-factory index was revised up to 53.0 in December from the 52.6 reading reported in its Jan. 5th release. The November index was revised up to 52.6 from 52.0. The association revises the seasonal adjustments for its monthly index every January.

The following table details the newly revised indexes:

                     Dec.  Dec.    Nov.  Nov.    Oct.  Oct.    Sept. Sept.
                     Rev.  Prev.   Rev.  Prev.   Rev.  Prev.   Rev.  Prev.
Composite Index      53.0  52.6    52.6  52.0    52.6  52.9    52.6  53.0
Business activity    55.9  56.2    56.1  56.2    53.3  53.8    56.8  57.1
New Orders           54.6  53.2    54.1  53.0    52.7  52.4    56.2  56.5
Employment           49.8  49.4    50.3  48.9    52.3  53.3    47.9  48.7
Prices Paid          62.0  61.2    62.2  62.5    61.0  57.1    64.8  61.9
NOTE: The figures for backlog of orders, supplier deliveries,
inventory change, inventory sentiment, exports and imports are
not seasonally adjusted and have not been revised.

SOURCE: Institute for Supply Management

To contact the reporter on this story Alex Tanzi in Washington atanzi@bloomberg.net

To contact the editor responsible for this story Alex Tanzi in Washington atanzi@bloomberg.net

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