Inside Supply Management Magazine
January/February 2022
Articles
December 2021 ISM® Report On Business®: Services
January 01, 2022
In December, the Services PMI® registered 62 percent. The 12-month average is 62.5 percent, which reflects strong and sustained demand in the services sector. The December reading indicates the services sector grew for the 19th consecutive month after two months of contraction and 122 months of growth before that. A reading above 50 percent indicates the services sector economy is generally expanding; below 50 percent indicates the services sector is generally contracting.
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