Institute for Supply Management

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[Institute for Supply Management @ism]

.@ISM Services PMI® Report: Strong growth in business activity and new orders continued, but #employment has yet to follow. Meanwhile, prices remained elevated and inventory levels tied an all-time high as the #ISMPMI improved to 54.5% in May. https://t.co/j7zQHWLFxz #economy

[Institute for Supply Management @ism]

The Services #ISMPMI data for May showed companies are stocking up inventories because they expect demand to continue, but they’re not increasing #employment at the same pace. The @ISM® PMI® Reports Roundup from Inside Supply Management® has more. https://t.co/RnZkfkN88U #economy

[Dan Zeiger @ZeigerDan]

@business: “Treasuries recouped some of their losses after … the (@ISM® Services PMI®) for May included measures of prices paid by companies and employment in the sector that were lower than estimated. The (#ISMPMI) topped the median estimate.” https://t.co/egU7TMCi5n #economy

[Institute for Supply Management @ism]

.@MarketWatch on @ISM® Services PMI®: “New orders, a sign of future sales, rose in May and suggested continued (momentum). Yet senior executives also warned that rising prices and sporadic supplies shortages were hampering business.” https://t.co/HxefM3RBXK #ISMPMI #economy

[Dan Zeiger @ZeigerDan]

Get #ISMPMI insights straight from the source in the @ISM® PMI® Reports LinkedIn Live broadcast today at noon ET/9 a.m. PT. The Chair of ISM’s Services Business Survey Committee, Steve Miller, joins me to discuss the May data and takeaways. https://t.co/MILRPnhDNK #economy

[Institute for Supply Management @ism]

.@ISM’s Steve Miller: “(Most services-sector) industries reported that they were holding flat in #employment month over month. Respondents reporting new orders were higher than last month most frequently attributed this to seasonality.” https://t.co/j7zQHWLFxz #ISMPMI #economy

[Institute for Supply Management @ism]

The Services #ISMPMI Inventories Index soared 9.4 points in May to 62.5%, tying May 2010 for its highest reading ever. However, the Inventory Sentiment Index (55.2%) barely budged, suggesting companies are confident in future business activity. https://t.co/j7zQHWLFxz #economy

[Institute for Supply Management @ism]

#ISMPMI panelist in Wholesale Trade: “Capital expenditure energy projects continue to be delayed or revamped based on macroeconomic factors. Data center power generation projects are driving demand and reducing available (piping inventory).” https://t.co/j7zQHWLFxz #economy

[Dan Zeiger @ZeigerDan]

Demand measurements continued to grow — and so did prices — while #employment dipped slightly and companies stocked inventories at a record-high level. Those details and more in the @ISM® Services PMI® Report for May; the #ISMPMI registered 54.5%. https://t.co/jeuUYO6WyP #economy

[Dan Zeiger @ZeigerDan]

The Services #ISMPMI demand gauges are on multimonth runs in expansion, but the #Employment Index is stubborn. It went down to 47.9% in May, a third month in contraction, with 17.2% of surveyed companies reporting #jobs reductions, up from 14.5%. https://t.co/jeuUYO6WyP #economy

[Dan Zeiger @ZeigerDan]

The Services #ISMPMI Prices Index has stabilized but is still ticking up: The May reading of 71.3% is the highest since August 2022 (72.6%). For the *third* straight month, no commodities were reported as down in price; 31 were listed up in price. https://t.co/jeuUYO6WyP #economy

[Dan Zeiger @ZeigerDan]

#ISMPMI panelist in Accommodation & Food Services: “(T)ariff policy dynamics and the conflict in the Persian Gulf (are affecting) our pricing. … We expect significant cost increases to impact us by late second quarter (Q2) and definitely in Q3.” https://t.co/jeuUYO6WyP #economy

[Institute for Supply Management @ism]

Learn what the May #ISMPMI data says about the sector making up most of the U.S. #economy during the @ISM® PMI® Reports LinkedIn Live broadcast featuring Steve Miller, Chair of our Services Business Survey Committee, on Wednesday at noon ET/9 a.m. PT. https://t.co/xBXMEWh4iM

[Institute for Supply Management @ism]

In the latest Inside Supply Management® Weekly: #Manufacturing hits a four-year high, #tariffs policies continue to shift, and how hidden legacy-system risks can threaten operations.

Subscribe ➡️ https://t.co/6mlXgjLsn8
@ISM’s Tariff Resource Center ➡️ https://t.co/awi0e1GPSb

[Institute for Supply Management @ism]

The @ISM® PMI® Reports Roundup from Inside Supply Management®: Five months of Manufacturing #ISMPMI expansion signals time to stop calling it a spike. Demand is real, so the question now: Can soaring prices and Middle East disruptions derail it? https://t.co/v7mT18nisu #economy

[Institute for Supply Management @ism]

.@MarketWatch on @ISM #Manufacturing PMI®: “The biggest winning streak in four years — but lingering anxiety about the Trump tariffs and a rise in #inflation tied to the Iran war left business leaders anxious.” https://t.co/dCuQ8MOTDC #ISMPMI #economy

[Dan Zeiger @ZeigerDan]

.@business on @ISM #Manufacturing PMI®: “The measure has now signaled expansion for five straight months, pointing to renewed vigor … amid a surge in #AI investment, more favorable tax provisions and diminished trade policy uncertainty.” https://t.co/2cRn5nbMZd #ISMPMI #economy

[Dan Zeiger @ZeigerDan]

.@ISM’s LinkedIn Live broadcast on the Manufacturing PMI® data for May is today at noon ET/9 a.m. PT. Susan Spence, Chair of the Manufacturing Business Survey Committee, joins me to break down the #ISMPMI numbers and discuss key takeaways. https://t.co/V4lVpxZYv1 #economy

[Institute for Supply Management @ism]

.@ISM® Manufacturing PMI® Report: Prices remained elevated and supply continuity concerns continued, but such issues did not impede U.S. factory activity growth in May. The #ISMPMI registered 54%, its highest reading since May 2022 (55.9%). https://t.co/NvNQSSAlv3 #economy

[Institute for Supply Management @ism]

.@ISM’s Susan Spence: “In May, 25% of the comments were positive and 69% negative. … Among comments, the Iran war was mentioned in 42% and #tariffs in 18%; 57% of the panelists mentioned pricing volatility as an issue for their companies.” https://t.co/NvNQSSAlv3 #economy