The Non-Manufacturing Business Activity Index is a seasonally adjusted index released by the Institute for Supply Management measuring business activity and conditions in the United States service economy as part of the Non-Manufacturing ISM Report on Business.[1] The index is composed of 4 sub-indicators, each of which have a 25% weight: business activity, new orders, employment and supplier deliveries.[2] [3]
An index greater than 50 indicates growth in business activity.
| Month | NMI® | |
|---|---|---|
| Apr 2020 | 41.8 | |
| Mar 2020 | 52.5 | |
| Feb 2020 | 57.3 | |
| Jan 2020 | 55.5 | |
| Dec 2019 | 54.9 | |
| Nov 2019 | 53.9 |