The Services (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. The index is composed of 4 sub-indicators, each of which have a 25% weight: business activity, new orders, employment and supplier deliveries.

An index greater than 50 indicates growth in business activity.

Recent history

{| class="wikitable"

!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

|}

References

  • Non-manufacturing ISM Report on Business