The ISM-New York Report on Business is released on the second business day of each month at 9:45am ET. The purpose of the survey is to quickly assess business conditions among firms in the New York City area.
The ISM-New York Report on Business began in 1917, and it was originally started to provide the United States government with information on manufacturing activity in the New York metro area against the backdrop of World War I. To this day it remains a highly regarded indicator of business conditions in the New York Metro area including a six-month outlook, employment index, and current and expected revenues.
The August report, which can be downloaded here, allows us to make the following observations:
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