“Current Business Conditions fell for the 6th consecutive month, coming in at 61.1 in February, down from 63.4 in January,” the ISM New York reported today.
Key quotes from the press release
- Conditions also reached an 8-month low, looking back to 55.0 in June of 2018.
- The Six-Month Outlook increased for the second month in a row, rising 13.2 points to reach 71.5 in February.
- Employment, a seasonally adjusted index, rose from an 8-month low of 53.1 in January to 60.7 in February.
- Prices Paid fell from 72.5 in January to 60.7 in February.
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