The Institute of Supply Management Non-Manufacturing Index is an economic index based on surveys of more than 400 non-manufacturing (or services) firms' purchasing and supply executives. The ISM services survey is part of the ISM Report On Business Manufacturing and ServicesThe Purchasing Managers' Index is a barometer on the overall economy by showing the economic trends in both the manufacturing and service sectors. The ISM Report On Business provides guidance to supply management professionals, business leaders, economists, and government officials by monitoring the economic conditions of the nation. The ISM Services PMI (formerly the Non-Manufacturing NMI) is compiled and issued by the Institute of Supply Management (ISM) and contains a diffusion index based on survey data.Become a supporter of this podcast: https://www.spreaker.com/podcast/investment-terms--4432332/support.

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