Slower increases were seen in business activity/production (57.4 from 64.7 in February), new orders (59 from 65.2), supplier deliveries (52 from 53.5) and new export orders (52.5 from 55). Also, inventories stalled (50 from 51) and price pressures intensified (58.7 from 54.4). On the other hand, employment (55.9 from 55.2) and backlogs of orders (56.5 from 55.5) rose faster.
The 16 non-manufacturing industries reporting growth in March — listed in order — are: Construction; Other Services; Professional, Scientific & Technical Services; Health Care & Social Assistance; Accommodation & Food Services; Public Administration; Mining; Management of Companies & Support Services; Agriculture, Forestry, Fishing & Hunting; Transportation & Warehousing; Real Estate, Rental & Leasing; Information; Arts, Entertainment & Recreation; Utilities; Finance & Insurance; and Wholesale Trade. The two industries that contracted in March are: Educational Services; and Retail Trade.