Dr. Alan R. Raedels, C.P.M.

ISM Report on Business Graphs and Analysis

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ISM Report on Business Graphs

October 2009


In the graphs below, the blue line is the actual index value for the month.  The magenta line is the Control Chart Change Index (CCCI) that indicates whether the change in the index value from month to month is significant.  If the line is unchanged between two or more months, there is no significant  change in the rate of growth or decline.  The vertical bars labeled "P" or "T" indicate peaks (P) or troughs (T) in the economy as defined by the National Bureau of Economic Research.
 

Purchasing Managers' Index

Non-manufacturing Index (NMI) 
The NMI is calculated by computing the average of the Production, New Orders, Employment, and Supplier Deliveries Indexes for the Non-manufacturing sectors. 
Manufacturing
Non-manufacturing

Production

New Orders

Inventory

Employment

Supplier Deliveries

Prices

Index of Leading Indicators

Industrial Production Index

Economic Index 
The Economic Index is calculated by first computing the average of the Production, New Orders, Employment, and Supplier Deliveries Indexes for the Manufacturing and Non-manufacturing sectors.  The Economic Index is then the  weighted average of the manufacturing (MEI) and non-manufacturing (NEI) indexes using weights of  0.16 for manufacturing and 0.84 for non-manufacturing.

Economic Index

Composite Indexes

These indexes are based on the manufacturing and non-manufacturing ISM indexes. The blue line is the composite index and the magenta line is the Control Chart Change Index.

Composite Production Index

Composite New Order Index

Composite Employment Index

Composite Supplier Deliveries Index