ISM-New York September 2014 Report on Business At 63.7

MELVILLE, N.Y. - Oct. 2, 2014 - PRLog -- New York City business activity expanded at an above- average pace, according to the survey taken by the Institute for Supply Management-New York (ISM-New York).

Current Business Conditions rose to 63.7 in September, above the long-run average (55-56).

Future optimism improved to a seven-month high.  The Six-Month Outlook increased to 71.4 in September.

Job growth cooled off last month’s record.  Employment came in at 57.0 in September.

Purchase volume advanced again, to a 19-month high.  Quantity of Purchases rose to 60.5 in September.

Price measures were benign. Prices Paid fell to a 13- month low of 52.5 in September, and Prices Received also moderated to 52.5 in September.

The top line was solid and forward guidance built on recent improvement. Current Revenues were 67.5 in September, and Expected Revenues were 76.3 in September.

Potential  Business  Opportunities/Impediments: Both ends of the opportunities/impediments distribution look similar to results from past months. Two outliers emerged this month: working capital shifted to opportunity and occupancy shifted to impediment

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