ISM-New York February 2015 Report on Business At 63.1

MELVILLE, N.Y. - March 3, 2015 - PRLog -- BACK ON TRACK

New York City business activity rebounded into expansion territory, according to the survey taken by the Institute for Supply Management-New York (ISM-New York).

Current Business Conditions rose to 63.1 in February after a brief stay below the breakeven 50 mark.

Future optimism also improved. The Six-Month Outlook increased to 71.7 in February.

Job growth took pause. Employment came in at 49.3 in February.

Purchase volume cooled from a five-year high. Quantity of Purchases moderated to 54.8 in February.

The top line and forward guidance both expanded at healthy rates. Current Revenues were at 63.2 in February, and Expected Revenues were at 76.3 in February.

Price measures suggested a margin squeeze. Prices Paid came in at 61.4 in February, and Prices Received fell to 50.0 in February.

Potential Business Opportunities/Impediments: Weather and taxes were at the top of net impediments, and the exchange rate was a notable negative. Cost of benefits and inflation registered the smallest net impediment readings since we expanded this part of the Report on Business in July 2013.

For a complete copy of the February 2015 Report on Business, visit our website at http://www.ismny.com.