ISM-New York March 2014 Report on Business

MELVILLE, N.Y. - April 2, 2014 - PRLog -- March 2014 Report on Business at 52.0 - March Goes Out Like A Lamb

Melville, NY - New York City business activity eased for a second straight month, according to the survey taken by the Institute for Supply Management - New York, Inc.

Current Business Conditions were 52.0 in March, the slowest rate of expansion in nine months.

Future Optimism backed off a four-year high.  The Six Month Outlook fell to a five month low of 65.6 in March.

Job growth cooled after last month's foray into unchartered territory. Employment was 57.8 in March.

Purchase volume grew more slowly.  Quantity of Purchases came in at 52.3 in March.

Prices Paid crested at 65.2 in March, after a three year high.  But this still reflected elevated input costs.

The pulse moderated for the top line and forward guidance.  Current Revenues were 58.7 in March, and Expected Revenues were 66.7 in March.

For a complete copy of the March 2014 Report on Business, visit our web site at http://www.ismny.org.

Watch for the release of the ISM PMI set for release tomorrow.