April 2017 ISM-New York Report on Business

Remember to check back in with me on Friday, June 2nd for the release of the May report. The ISM-New York Report on Business is released on the second business day of each month at 9:45am ET. The Report, which was first run in 1917, is 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 April report, which can be downloaded here, allows us to make the following observations:

• New York City purchasing managers demonstrated a small but directional shift in perspective in April.
• Most of this month’s indices - excepting only Quantity of Purchases - moved in the opposite direction from March.
• For consideration: Can the recent high levels of optimism be preserved if a significant portion of the respondants report 'the same' month over month?

Remember to check back in with us on Friday, June 2nd for the release of the May report.