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ISM-New York November 2013 Report on Business At 69.5

MELVILLE, N.Y. - Dec. 3, 2013 - PRLog -- Revving Up! New York City Business Conditions Show Strongest Gain Since October 2010

New York City business activity grew at the fastest pace in three years, according to the survey taken by the Institute for Supply Management-New York (ISM-New York).

Current Business Conditions came in at 69.5 in November, the strongest showing since October 2010.

Future optimisim rose to a 12-month high.  The Six-Month Outlook improved to 69.6 in November, the highest level since November 2012.

Jobs stayed close to neutral for a third straight month.  Employment came in at 50.8 in November.

Purchase volume shifted to neutral after two straight monthly contractions. Quantity of Purchases rose to 50.0 in November.

Prices Paid rose to an eight-month high of 59.5 in November.

The top line improved further, and guidance was solid.  Current Revenues, 68.5 in November, rose to a nine-month high, and Expected Revenues, 63.2 in November, expanded at a healthy clip.

For a complete copy of the report, visit our web site at http://www.ismny.org.

ISM-New York, Inc.

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Source:ISM-New York, Inc.
Location:Melville - New York - United States
Industry:Business, Finance
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