ISM New York index

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Dec 02, 14:45  ISM New York index 65.8 60.70

ISM New York index

ISM New York Index, released by NAPM-New York, assesses business conditions among manufacturers and non-manufacturing firms/organizations doing business in the New York area. The survey results are compiled into three summary measures for: (1) all industries, (2) manufacturing firms, and (3) non-manufacturing establishments. The survey results are compiled as diffusion indexes, which are calculated by taking the percentage of the respondents answering higher plus one half of the percentage of respondents who answer same or no change. A higher than expected reading should be taken as positive for the local economy, while a lower than expected reading should be taken as negative.



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