1. Latest News
  2. Submit Press Release
  1. PR Home
  2. Latest News
  3. Feeds
  4. Alerts
  5. Submit Free Press Release
  6. Journalist Account
  7. PRNewswire Distribution
ISM-New York, Inc. Logo

ISM-New York July 2014 Report on Business


 
PRLog - Aug. 4, 2014 - MELVILLE, N.Y. -- ISM - New York July 2014 Report On Business - Best Month of 2014

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

Current Business Conditions were 68.1 in July, the highest level since November 2013.

Future optimism rose to a five-month high. The Six- Month Outlook came in at 70.7 in July.

Job growth accelerated to the best reading in five months. Employment improved to 59.5 in July.

Purchase volume expanded at a more moderate pace than last month. Quantity of Purchases eased to 54.8 in July.

Prices Paid increased at the fastest rate in four months, at 64.3 in July.

We introduce the Prices Received index with this Report, a measure of selling prices by regional firms. Prices Received was stuck in neutral at 50.0 in July for a second straight month.

The top line and forward guidance both eased versus last month. Current Revenues were 61.8 in July, and Expected Revenues were 72.2 in July.

Potential  Business  Opportunities/Impediments: Both parts of labor compensation – cost of benefits and cost of labor – topped the table for impediments, with regulations and inflation also tied for second. The strongest opportunities came from management skills, domestic demand, foreign demand and skilled labor.

Contact
James Martin
8009750725
***@ismnewyork.org

--- End ---

Click to Share

Contact Email:
***@ismnewyork.org Email Verified
Source:ISM-New York, Inc.
Location:Melville - New York - United States
Industry:Business, Services
Tags:ism, ISM-New York, rob, Report on Business
Shortcut:prlog.org/12355632
Verified Account Email Address
Verified Account Phone Number

Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Latest Press Releases By “

More...

Trending News...



  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
9K2K1K
Click to Share