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Economy

Economic Data (USA)

Thursday, October 10, 2024

Consumer Price Index (CPI) for September 2024

Earlier this morning, the Labor Department's Bureau of Labor Statistics released the Consumer Price Index (CPI) for September 2024:


=========================================

CPI During September 2024: 315.301

=========================================

Consumer Price Index, Headline

Predicted: +0.5%

->  Actual: +0.16% (+0.505 point) M/M

 > Year-on-Year Change: +2.44 %(+7.512 points)


=========================================

Consumer Price Index, Minus Food + Energy (Core CPI)

Predicted: +0.5%

 - > Actual: +0.34% (+1.092 points) M/M

Year-on-Year Change: +3.31% (+10.292 points)


=========================================

The above, yellow-highlighted figures represent month-to-month change (not seasonally adjusted) in prices for a specific group of goods and services that consumers buy, and is, therefore, a very important part of the overall inflation picture for the country.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

General categories that constitute the CPI are:

  • Healthcare
  • Housing
  • Clothing
  • Communications
  • Education
  • Transportation
  • Food and Beverages
  • Recreation
  • Miscellaneous Goods and Services (grooming expenses, etc.)

========================================

CPI During September 2023: 307.789

=======================================

CHART: Consumer Price Index 12-Month Percentage Change - SEPTEMBER 2024 Update
CHART: Consumer Price Index
12-Month Percentage Change
SEPTEMBER 2024 Update

========================================

=========================================

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Wednesday, September 11, 2024

Consumer Price Index (CPI) for August 2024

Earlier this morning, the Labor Department's Bureau of Labor Statistics released the Consumer Price Index (CPI) for August 2024:


=========================================

CPI During August 2024: 314.796

=========================================

Consumer Price Index, Headline

Predicted: +0.5%

->  Actual: +0.081% (+0.256 point) M/M

 > Year-on-Year Change: +2.53 %(+7.77 points)


=========================================

Consumer Price Index, Minus Food + Energy (Core CPI)

Predicted: +0.5%

 - > Actual: +0.25% (+0.803 point) M/M

Year-on-Year Change: +3.197% (+9.914 points)


=========================================

The above, yellow-highlighted figures represent month-to-month change (not seasonally adjusted) in prices for a specific group of goods and services that consumers buy, and is, therefore, a very important part of the overall inflation picture for the country.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

General categories that constitute the CPI are:

  • Healthcare
  • Housing
  • Clothing
  • Communications
  • Education
  • Transportation
  • Food and Beverages
  • Recreation
  • Miscellaneous Goods and Services (grooming expenses, etc.)

========================================

CPI During August 2023: 307.026

=======================================

CHART: Consumer Price Index 12-Month Percentage Change - AUGUST 2024 Update
CHART: Consumer Price Index
12-Month Percentage Change
AUGUST 2024 Update

========================================

=========================================

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Wednesday, August 14, 2024

Consumer Price Index (CPI) for July 2024

Earlier this morning, the Labor Department's Bureau of Labor Statistics released the Consumer Price Index (CPI) for July 2024:


=========================================

CPI During July 2024: 314.540

=========================================

Consumer Price Index, Headline

Predicted: +0.5%

->  Actual: +0.116% (+0.365 point) M/M

 > Year-on-Year Change: +2.89 %(+8.849 points)


=========================================

Consumer Price Index, Minus Food + Energy (Core CPI)

Predicted: +0.5%

 - > Actual: +0.066% (+0.211 point) M/M

Year-on-Year Change: +3.171% (+9.812 points)


=========================================

The above, yellow-highlighted figures represent month-to-month change (not seasonally adjusted) in prices for a specific group of goods and services that consumers buy, and is, therefore, a very important part of the overall inflation picture for the country.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

General categories that constitute the CPI are:

  • Healthcare
  • Housing
  • Clothing
  • Communications
  • Education
  • Transportation
  • Food and Beverages
  • Recreation
  • Miscellaneous Goods and Services (grooming expenses, etc.)

========================================

CPI During July 2023: 305.691

=======================================

CHART: Consumer Price Index 12-Month Percentage Change - JULY 2024 Update
CHART: Consumer Price Index
12-Month Percentage Change
JULY 2024 Update

========================================

=========================================

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Friday, July 12, 2024

Consumer Price Index (CPI) for June 2024

Earlier this morning, the Labor Department's Bureau of Labor Statistics released the Consumer Price Index (CPI) for June 2024:


=========================================

CPI During June 2024: 314.175

=========================================

Consumer Price Index, Headline

Predicted: +0.5%

->  Actual: +0.034% (+0.106 points) M/M

 > Year-on-Year Change: +2.97% (+9.066 points)


=========================================

Consumer Price Index, Minus Food + Energy (Core CPI)

Predicted: +0.5%

 - > Actual: +0.117% (+0.374 point) M/M

Year-on-Year Change: +3.27% (+10.093 points)


=========================================

The above, yellow-highlighted figures represent month-to-month change (not seasonally adjusted) in prices for a specific group of goods and services that consumers buy, and is, therefore, a very important part of the overall inflation picture for the country.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

General categories that constitute the CPI are:

  • Healthcare
  • Housing
  • Clothing
  • Communications
  • Education
  • Transportation
  • Food and Beverages
  • Recreation
  • Miscellaneous Goods and Services (grooming expenses, etc.)

========================================

CPI During June 2023: 305.109

=======================================

CHART: Consumer Price Index 12-Month Percentage Change - June 2024 Update
CHART: Consumer Price Index
12-Month Percentage Change
June 2024 Update

========================================

=========================================

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Friday, June 14, 2024

Consumer Price Index (CPI) for May 2024

Earlier this morning, the Labor Department's Bureau of Labor Statistics released the Consumer Price Index (CPI) for May 2024:


=========================================

CPI During May 2024: 314.069

=========================================

Consumer Price Index, Headline

Predicted: +0.5%

->  Actual: +0.17% (+0.521 points) M/M

 > Year-on-Year Change: +3.27% (+9.942 points)


=========================================

Consumer Price Index, Minus Food + Energy (Core CPI)

Predicted: +0.5%

 - > Actual: +0.205% (+0.651 point) M/M

Year-on-Year Change: +3.42% (+10.533 points)


=========================================

The above, yellow-highlighted figures represent month-to-month change (not seasonally adjusted) in prices for a specific group of goods and services that consumers buy, and is, therefore, a very important part of the overall inflation picture for the country.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

General categories that constitute the CPI are:

  • Healthcare
  • Housing
  • Clothing
  • Communications
  • Education
  • Transportation
  • Food and Beverages
  • Recreation
  • Miscellaneous Goods and Services (grooming expenses, etc.)

========================================

CPI During May 2023: 304.127

========================================

CHART: Consumer Price Index 12-Month Percentage Change - May 2024 Update
CHART: Consumer Price Index
12-Month Percentage Change
May 2024 Update

========================================

=========================================

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Thursday, May 16, 2024

Consumer Price Index (CPI) for April 2024

Earlier this morning, the Labor Department's Bureau of Labor Statistics released the Consumer Price Index (CPI) for April 2024:


=========================================

CPI During April 2024: 313.548

=========================================

Consumer Price Index, Headline

Predicted: +0.5%

->  Actual: +0.39% (+1.216 points) M/M

 > Year-on-Year Change: +3.36% (+10.185 points)


=========================================

Consumer Price Index, Minus Food + Energy (Core CPI)

Predicted: +0.5%

 - > Actual: +0.28% (+0.89 point) M/M

Year-on-Year Change: +3.61% (+11.079 points)


=========================================

The above, yellow-highlighted figures represent month-to-month change (not seasonally adjusted) in prices for a specific group of goods and services that consumers buy, and is, therefore, a very important part of the overall inflation picture for the country.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

General categories that constitute the CPI are:

  • Healthcare
  • Housing
  • Clothing
  • Communications
  • Education
  • Transportation
  • Food and Beverages
  • Recreation
  • Miscellaneous Goods and Services (grooming expenses, etc.)

========================================

CPI During April 2023: 303.363

========================================

CHART: Consumer Price Index 12-Month Percentage Change - APRIL 2024 Update
 CHART: Consumer Price Index
12-Month Percentage Change
APRIL 2024 Update

========================================

=========================================

 

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Thursday, April 11, 2024

Consumer Price Index (CPI) for March 2024

Earlier this morning, the Labor Department's Bureau of Labor Statistics released the Consumer Price Index (CPI) for March 2024:


=========================================

CPI During March 2024: 312.332

=========================================

Consumer Price Index, Headline

Predicted: +0.5%
Actual: +0.65% (+2.006 points)

  • Change From 12 Months Ago: +3.48% (+10.496 points)


=========================================

Consumer Price Index, Minus Food + Energy (Core CPI)

Predicted: +0.5%
Actual: +0.53% (+1.669 points)

Change From 12 Months Ago: +3.8% (+11.612 points)


=========================================

The above, yellow-highlighted figures represent month-to-month change (not seasonally adjusted) in prices for a specific group of goods and services that consumers buy, and is, therefore, a very important part of the overall inflation picture for the country.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

General categories that constitute the CPI are:

  • Healthcare
  • Housing
  • Clothing
  • Communications
  • Education
  • Transportation
  • Food and Beverages
  • Recreation
  • Miscellaneous Goods and Services (grooming expenses, etc.)

========================================

CPI During March 2023: 301.836

========================================

 
CHART: Consumer Price Index 12-Month Percentage Change - March 2024 Update

 CHART: Consumer Price Index
12-Month Percentage Change
March 2024 Update

========================================

=========================================

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Tuesday, March 12, 2024

Consumer Price Index (CPI) for February 2024

Earlier this morning, the Labor Department's Bureau of Labor Statistics released the Consumer Price Index (CPI) for February 2024:


=========================================

CPI During February 2024: 310.326

=========================================

Consumer Price Index, Headline

Predicted: +0.5%
Actual: +0.62% (+1.909 points)

  • Change From 12 Months Ago: +3.15% (+9.486 points)


=========================================

Consumer Price Index, Minus Food + Energy (Core CPI)

Predicted: +0.5%
Actual: +0.57% (+1.796 points)

Change From 12 Months Ago: +3.75% (+11.408 points)


=========================================

The above, yellow-highlighted figures represent month-to-month change (not seasonally adjusted) in prices for a specific group of goods and services that consumers buy, and is, therefore, a very important part of the overall inflation picture for the country.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

General categories that constitute the CPI are:

  • Healthcare
  • Housing
  • Clothing
  • Communications
  • Education
  • Transportation
  • Food and Beverages
  • Recreation
  • Miscellaneous Goods and Services (grooming expenses, etc.)

========================================

CPI During February 2023: 300.840

========================================

 
CHART: Consumer Price Index 12-Month Percentage Change - February 2024 Update
CHART: Consumer Price Index
12-Month Percentage Change
February 2024 Update

========================================

=========================================

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Tuesday, February 13, 2024

Consumer Price Index (CPI) for January 2024

Earlier this morning, the Labor Department's Bureau of Labor Statistics released the Consumer Price Index (CPI) for January 2024:


=========================================

CPI During January 2024: 308.417

=========================================

Consumer Price Index, Headline

Predicted: +0.3%
Actual: +0.545% (+1.671 points)

  • Change From 12 Months Ago: +3.09% (+9.247 points)


=========================================

Consumer Price Index, Minus Food + Energy (Core CPI)

Predicted: +0.3%
Actual: +0.55% (+1.716 point)

Change From 12 Months Ago: +3.86% (+11.661 points)


=========================================

The above, yellow-highlighted figures represent month-to-month change (not seasonally adjusted) in prices for a specific group of goods and services that consumers buy, and is, therefore, a very important part of the overall inflation picture for the country.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

General categories that constitute the CPI are:

  • Healthcare
  • Housing
  • Clothing
  • Communications
  • Education
  • Transportation
  • Food and Beverages
  • Recreation
  • Miscellaneous Goods and Services (grooming expenses, etc.)

========================================

CPI During January 2023: 299.170

========================================

 
 CHART: Consumer Price Index
12-Month Percentage Change
January 2024 Update

========================================

 


=========================================

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Friday, January 12, 2024

Consumer Price Index (CPI) for December 2023

Earlier this morning, the Labor Department's Bureau of Labor Statistics released the Consumer Price Index (CPI) for December 2023:


=========================================

CPI During December 2023: 306.746

=========================================

Consumer Price Index, Headline

Predicted: +0.2%
Actual: -0.1% (-0.305 point)

  • Change From 12 Months Ago: +3.352% (+9.949 points)


=========================================

Consumer Price Index, Minus Food + Energy (Core CPI)

Predicted: +0.2%
Actual: +0.1% (+0.301 point)

Change From 12 Months Ago: +3.93% (+11.794 points)


=========================================

The above, yellow-highlighted figures represent month-to-month change (not seasonally adjusted) in prices for a specific group of goods and services that consumers buy, and is, therefore, a very important part of the overall inflation picture for the country.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

General categories that constitute the CPI are:

  • Healthcare
  • Housing
  • Clothing
  • Communications
  • Education
  • Transportation
  • Food and Beverages
  • Recreation
  • Miscellaneous Goods and Services (grooming expenses, etc.)

========================================

CPI During December 2022: 296.797

========================================

 
CHART: Consumer Price Index 12-Month Percentage Change December - 2023 Update
CHART: Consumer Price Index
12-Month Percentage Change
December 2023 Update

========================================

 


=========================================

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Wednesday, November 15, 2023

Consumer Price Index (CPI) for October 2023

Earlier this morning, the Labor Department's Bureau of Labor Statistics released the Consumer Price Index (CPI) for October 2023:


=========================================

CPI During October 2023: 307.671

=========================================

Consumer Price Index, Headline

Predicted: +0.3%
Actual: -0.038% (-0.118 points)

  • Change From 12 Months Ago: +3.241% (+9.659 points)


=========================================

Consumer Price Index, Minus Food + Energy (Core CPI)

Predicted: +0.3%
Actual: +0.181% (+0.563 point)

Change From 12 Months Ago: +4.031% (+12.065 points)


=========================================

The above, yellow-highlighted figures represent month-to-month change (not seasonally adjusted) in prices for a specific group of goods and services that consumers buy, and is, therefore, a very important part of the overall inflation picture for the country.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

General categories that constitute the CPI are:

  • Healthcare
  • Housing
  • Clothing
  • Communications
  • Education
  • Transportation
  • Food and Beverages
  • Recreation
  • Miscellaneous Goods and Services (grooming expenses, etc.)

========================================

CPI During September 2022: 298.012

========================================

 
CHART: Consumer Price Index 12-Month Percentage Change - October 2023 Update

CHART: Consumer Price Index
12-Month Percentage Change
October 2023 Update

========================================

 


=========================================

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Monday, October 16, 2023

Consumer Price Index (CPI) for September 2023

Earlier this morning, the Labor Department's Bureau of Labor Statistics released the Consumer Price Index (CPI) for September 2023:


=========================================

CPI During September 2023: 307.789

=========================================

Consumer Price Index, Headline

Predicted: +0.3%
Actual: +0.249% (+0.763 points)

  • Change From 12 Months Ago: +3.7% (+10.981 points)


=========================================

Consumer Price Index, Minus Food + Energy (Core CPI)

Predicted: +0.3%
Actual: +0.23% (+0.714 point)

Change From 12 Months Ago: +4.15% (+12.375 points)


=========================================

The above, yellow-highlighted figures represent month-to-month change (not seasonally adjusted) in prices for a specific group of goods and services that consumers buy, and is, therefore, a very important part of the overall inflation picture for the country.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

General categories that constitute the CPI are:

  • Healthcare
  • Housing
  • Clothing
  • Communications
  • Education
  • Transportation
  • Food and Beverages
  • Recreation
  • Miscellaneous Goods and Services (grooming expenses, etc.)

========================================

CPI During September 2022: 296.808

========================================

 
CHART: Consumer Price Index 12-Month Percentage Change - September 2023 Update
CHART: Consumer Price Index
12-Month Percentage Change
September 2023 Update

========================================

 


=========================================


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Wednesday, September 13, 2023

Consumer Price Index (CPI) for August 2023

Earlier this morning, the Labor Department's Bureau of Labor Statistics released the Consumer Price Index (CPI) for August 2023:


=========================================

CPI During August 2023: 307.026

=========================================

Consumer Price Index, Headline

Predicted: +0.2%
Actual: +0.437% (+1.335 points)

  • Change From 12 Months Ago: +3.67% (+10.855 points)


=========================================

Consumer Price Index, Minus Food + Energy (Core CPI)

Predicted: +0.5%
Actual: +0.23% (+0.701 point)

Change From 12 Months Ago: +4.35% (+12.925 points)


=========================================

The above, yellow-highlighted figures represent month-to-month change (not seasonally adjusted) in prices for a specific group of goods and services that consumers buy, and is, therefore, a very important part of the overall inflation picture for the country.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

General categories that constitute the CPI are:

  • Healthcare
  • Housing
  • Clothing
  • Communications
  • Education
  • Transportation
  • Food and Beverages
  • Recreation
  • Miscellaneous Goods and Services (grooming expenses, etc.)

========================================

CPI During August 2022: 296.171

========================================

 
CHART: Consumer Price Index 12-Month Percentage Change - August 2023 Update
CHART: Consumer Price Index
12-Month Percentage Change
August 2023 Update

========================================

 


=========================================


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Saturday, August 12, 2023

Consumer Price Index (CPI) for July 2023

Earlier this morning, the Labor Department's Bureau of Labor Statistics released the Consumer Price Index (CPI) for July 2023:


=========================================

CPI During July 2023: 305.691

=========================================

Consumer Price Index, Headline

Predicted: +0.2%
Actual: +0.191% (+0.582 point)

  • Change From 12 Months Ago: +3.18% (+9.415 points)


=========================================

Consumer Price Index, Minus Food + Energy (Core CPI)

Predicted: +0.5%
Actual: +0.16% (+0.492 point)

Change From 12 Months Ago: +4.65% (+13.756 points)


=========================================

The above, yellow-highlighted figures represent month-to-month change (not seasonally adjusted) in prices for a specific group of goods and services that consumers buy, and is, therefore, a very important part of the overall inflation picture for the country.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

General categories that constitute the CPI are:

  • Healthcare
  • Housing
  • Clothing
  • Communications
  • Education
  • Transportation
  • Food and Beverages
  • Recreation
  • Miscellaneous Goods and Services (grooming expenses, etc.)

========================================

CPI During July 2022: 296.276

========================================

CHART: Consumer Price Index 12-Month Percentage Change - July 2023 Update

CHART: Consumer Price Index
12-Month Percentage Change
July 2023 Update

========================================

 


=========================================

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Wednesday, July 12, 2023

Consumer Price Index (CPI) for June 2023

Earlier this morning, the Labor Department's Bureau of Labor Statistics released the Consumer Price Index (CPI) for June 2023:


=========================================

CPI During June 2023: 305.109

=========================================

Consumer Price Index, Headline

Predicted: +0.5%
Actual: +0.323% (+0.982 point)

  • Change From 12 Months Ago: +2.97% (+8.798 points)


=========================================

Consumer Price Index, Minus Food and Energy (Core CPI)

Predicted: +0.5%
Actual: +0.264% (+0.814 point)

Change From 12 Months Ago: +4.83% (+14.23 points)


=========================================

The above, yellow-highlighted figures represent month-to-month change (not seasonally adjusted) in prices for a specific group of goods and services that consumers buy, and is, therefore, a very important part of the overall inflation picture for the country.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

General categories that constitute the CPI are:

  • Healthcare
  • Housing
  • Clothing
  • Communications
  • Education
  • Transportation
  • Food and Beverages
  • Recreation
  • Miscellaneous Goods and Services (grooming expenses, etc.)

=========================================

CPI During June 2022: 296.311

========================================

 CHART: Consumer Price Index 12-Month Percentage Change - June 2023 Update

CHART: Consumer Price Index
12-Month Percentage Change
June 2023 Update

========================================

 


=========================================


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Tuesday, June 13, 2023

Consumer Price Index (CPI) for May 2023

Earlier this morning, the Labor Department's Bureau of Labor Statistics released the Consumer Price Index (CPI) for May 2023:


=========================================

CPI During May 2023: 304.127

=========================================

Consumer Price Index, Headline

Predicted: +0.5%
Actual: +0.252% (+0.764 point)

  • Change From 12 Months Ago: +4.048% (+11.831 points)


=========================================

Consumer Price Index, Minus Food and Energy (Core CPI)

Predicted: +0.5%
Actual: +0.39% (+1.197 points)

Change From 12 Months Ago: +5.33% (+15.59 points)


=========================================

The above, yellow-highlighted figures represent month-to-month change (not seasonally adjusted) in prices for a specific group of goods and services that consumers buy, and is, therefore, a very important part of the overall inflation picture for the country.

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

General categories that constitute the CPI are:

  • Healthcare
  • Housing
  • Clothing
  • Communications
  • Education
  • Transportation
  • Food and Beverages
  • Recreation
  • Miscellaneous Goods and Services (grooming expenses, etc.)

=========================================

CPI During  May 2022: 292.296

=========================================

 CHART: Consumer Price Index 12-Month Percentage Change - May 2023 Update

CHART: Consumer Price Index
12-Month Percentage Change
 May 2023 Update

=========================================

 


=========================================


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Monday, June 05, 2023

ISM Non-Manufacturing Index (NMI®) for May 2023

Earlier today, the Institute for Supply Management (ISM®) released their Non-Manufacturing Index (NMI®) for May 2023:

==========

Predicted: 51.0%
  • Actual: 50.3%  (-1.6 points month-on-month change)

==========

Previous month (revised): 51.9%

==========

The NMI is a reliable barometer of the U.S. services sector; above 50% implies expansion, while a reading below 50% implies that the services sector contracted.

Service Categories Include: Agriculture, Forestry, Fishing + Hunting; Mining; Utilities; Construction; Wholesale Trade; Retail Trade; Transportation + Warehousing; Information; Finance + Insurance; Real Estate, Rental + Leasing; Professional, Scientific + Technical Services; Management of Companies + Support Services; Educational Services; Health Care + Social Assistance; Arts, Entertainment + Recreation; Accommodation + Food Services; Public Administration; and Other Services (services such as Equipment + Machinery Repairing; Promoting or Administering Religious Activities; Grantmaking; Advocacy; and Providing Dry-Cleaning + Laundry Services, Personal Care Services, Death Care Services, Pet Care Services, Photofinishing Services, Temporary Parking Services, and Dating Services).

==========

From today' report:

"...Economic activity in the services sector expanded in May for the fifth consecutive month as the Services PMI® registered 50.3 percent, say the nation's purchasing and supply executives in the latest Services ISM® Report On Business®. The sector has grown in 35 of the last 36 months, with the lone contraction in December of last year..."
===========

Here's A Sampling Of Comments
Made By Survey Participants:


  • "...'Restaurant sales continue to track positive year over year, up an average of 8% past month. Employment needs have leveled off, and we are in a position to evaluate and upgrade rather than just maintain. Supply chain pressures have eased overall with some categories still hot spots. We are in a position to continue investing in technology upgrades and restaurant remodels.'
    [Accommodation & Food Services]

  • 'Overall slowing growth and market conditions dragging on some construction sectors.'
    [Construction]

  • 'As a higher-education institute, enrollment will have a major impact on our institution. Factors to consider will be the economy (state and national), as well as continued funding for education. Our enrollment is currently projected to drop 2.5%, which will have a negative effect on our budget.'
    [Educational Services]

  • 'Pent-up demand for services is driving strong revenue performance, but expenses (labor and supplies) continue to put pressure on margins, hindering the financial forecast. There is modest improvement in financial metrics, but it is becoming clear we will have to find ways to do more with less. Supply chains are stabilizing, though some segments remain choppy. The overall outlook, however, suggests the forecast is good for the next quarter. Pent-up demand for services is also causing capacity constraints, but we appear to be managing appropriately at this time.'
    [Health Care & Social Assistance]

  • 'Electronic components supply is strong, and lead times are nearly back to pre-pandemic.'
    [Information]

  • 'Economy is slowing amid increased financial banking and leasing activity. Credit standards have increased, and approvals have fallen -- thus, a tight credit situation.'
    [Management of Companies & Support Services]

  • 'Everything seems to have leveled off: not getting any worse, not getting any better.'
    [Professional, Scientific & Technical Services]

  • 'Lead times are starting to shorten, due in part to greater transportation availability. Prices, in general, are continuing to increase but at a slower pace. Supply chain is becoming much more reliable.'
    [Public Administration]

  • 'Overall business is good, and there has not been a significant change in direction.'
    [Retail Trade]

  • 'Business has significantly increased, with more orders, newer customers and more activity in general. More end users are getting back to business as usual, fighting for lower prices and taking a few more days to pay. The leverage point seems to have shifted back to end users, which is healthy.'
    [Transportation & Warehousing]

  • 'Business conditions continue to remain elevated as CapEx (capital expenditures) spending in clean energy follows regulatory demands.'
    [Utilities]

  • 'Supply is plentiful, freight is moving quickly and costs are coming down. This is a 180-degree change from a year ago. Also, sales demand is down.'
    [Wholesale Trade]..."

===========


==========

CHART: ISM Non-Manufacturing (Services) Index (NMI®) - May 2023 Update

CHART: ISM Non-Manufacturing (Services) Index
(NMI®) May 2023 Update

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