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ISM NY: NY City purchasing managers reported the highest employment number on record in Sep

“In September, New York City purchasing managers reported the highest Employment number on record, according  to the survey taken by the Institute for Supply Management-New York,” the ISM New York reported on Tuesday.

Key takeaways from the press release

  • Current Business Conditions were at 72.5 in September, a 4 point drop from the 12-year high of 76.5 in August.
  • The Six-Month Outlook rose for the second consecutive month to 81.5 in September, reaching a 9-month high (85.7 in December 2017).  
  • Employment was at 73.8, up from 62.0 in August. Employment has never before been in the 70s.
  • Quantity of Purchases rose to 79.4 in September, up from 66.7 in August.
  • Prices Paid fell to 75.0 in September, down from 78.6 in August.  

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