ISM Report On Business®

Leading the Industry with Reliable Economic Indicators

The ISM® Report On Business® – Manufacturing (PMI®) and Services (PMI®) – are two of the most reliable economic indicators available, providing guidance to supply management professionals, economists, analysts, and government and business leaders. The reports are issued by the ISM Manufacturing and Services business survey committees.

The ISM® Report On Business® continues to be consistent and accurate in indicating the direction of the overall economy, in addition to the manufacturing and services sectors. The reports are available on the first and third business days of each month. ISM's Hospital (PMI™) will be available on the fifth business day of each month.

Manufacturing PMI®

Manufacturing PMI® at 55.4%

April 2022 Manufacturing ISM® Report On Business®

Summary:
- New Orders, Production and Employment Growing at Slower Rates.

- Supplier Deliveries Slowing at a Faster Rate; Backlog Growing Slower

- Raw Materials Inventories Growing at a Slower Rate; Customers’ Inventories Too Low

Services PMI®

Services PMI® at 58.3%

March 2022 Services ISM® Report On Business®

- Business Activity Index at 55.5%
- New Orders Index at 60.1%
- Employment Index at 54%
- Supplier Deliveries Index at 63.4%

Hospital PMI™

Hospital PMI® at 50.4%

March 2022 Hospital ISM® Report On Business®

- A 6.5-percentage point decrease from the February reading of 56.9 percent, indicating a 22nd consecutive month of growth.

- The March reading is the lowest since January 2021 (55.8 percent).

Semi-Annual Economic Forecast

ISM® REPORTS ECONOMIC IMPROVEMENT TO CONTINUE IN 2021

Manufacturing Growth Expected in 2021

Revenue to Increase 6.9%

Capital Expenditures to Increase 2.4%

Capacity Utilization Currently at 85.7%

Services Growth Projected in 2021

Revenue to Increase 1.6%

Capital Expenditures to Increase 12.7%

Capacity Utilization Currently at 86.6%

COVID-19

IMPACT OF THE CORONAVIRUS ON THE GLOBAL SUPPLY CHAIN - ROUND 2 RESEARCH FINDINGS

Institute for Supply Management® conducted a survey of more than 600 members and supply chain professionals to understand the impact of the coronavirus outbreak on the supply chain. Tom Derry, ISM Chief Executive Officer, discusses highlights from the survey and some key takeaways for professionals to consider in their risk mitigation planning.

TARIFF TRENDS

A PRECURSOR TO COVID-19 IMPACT ON SUPPLY CHAIN

Institute for Supply Management® CEO, Tom Derry, speaks to the trends showcased in the ISM Report on Business® from spring 2017 to January 2020 and the tactics that organizations took to combat the cost impact on their business. Some of these tactics have relevance in the current environment for diversifying your supply chain to mitigate risk.

COVID-19 IMPACT

IMPACT OF CORONAVIRUS OUTBREAK ON SUPPLY CHAIN

Institute for Supply Management conducted a survey to more than 600 members and supply chain professionals to understand the impact of the coronavirus outbreak in China on the supply chain. Tom Derry, ISM Chief Executive Officer, discusses highlights from the survey and some key takeaways for professionals to consider in their risk mitigation planning.