The ISM New York Current Business Conditions index rose to 53.5 in July of 2020 from 39.5 in the previous month. It was the highest reading since April of 2019, as the city's economy recovers from the coronavirus hit. Employment, a seasonally adjusted index, rose 16.8 points to reach a 6 month high of 50.3. Current revenues rose 13.2 points to a 5 month high of 43.8 and expected revenues rose 7.2 points to 39.6, marking the second consecutive month of increases and a 5 month high. Meantime, quantity of purchases fell 2.7 points to 42.0 from the 7 month high of 44.7 reported in June.
Ism New York Index in the United States averaged 55.35 percent from 1993 until 2020, reaching an all time high of 88.80 percent in December of 2003 and a record low of 4.30 percent in April of 2020. This page provides - United States Ism New York Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. United States ISM New York Index - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Institute for Supply Management
Ism New York Index in the United States is expected to be 42.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Ism New York Index in the United States to stand at 52.00 in 12 months time. In the long-term, the United States ISM New York Index is projected to trend around 52.00 percent in 2021 and 54.00 percent in 2022, according to our econometric models.