Coverage of the March 2018 ISM-New York Report on Business
The March ISM-New York Report on Business was released at 9:45am ET on April 3, 2018.
In March, New York City purchasing managers reported small adjustments to the large changes we saw in February.
Current Business Conditions were at 54.0 in March, down half a point from February, when they dropped 18 points off of January's 11 year high of 72.5. This index made the smallest month over month change in the March report.
The Six-Month Outlook ended two consecutive months of decline, increasing 65.6 in March from 64.7 in February. The six-month outlook has been a reliable short-run guide for current business conditions over time.