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Follow on Google News | ISM-New York August 2015 Report on Business At 51.1Current Business Conditions backed off July’s high for the year to 51.1 in August. Future optimism remained elevated and well above Current Conditions. The Six-Month Outlook came in at 68.5 in August. Job growth improved to a 12-month high. But more significantly, a stronger pace of job creation was sustained – above the 60 mark – for the third straight month, the first such stretch since the end of the Great Recession. Employment rose to 65.8 in August. Purchase volume bounced off a seven-month low. Quantity of Purchases increased to 57.5 in August. The top line and forward guidance diverged. Current Revenues eased to 58.3 in August, but Expected Revenues improved to 81.6 in August. Cost pressures picked up, while price pressures remained moderate. Prices Paid bounced of a two-year low to 57.1 in August, and Prices Received moderated to 55.6 in August. Potential Business Opportunities/ For a complete copy of the ISM-New York Report On Business, visit our website at http://www.ismny.com. End
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