Category Archives: Economic Indicators

March 2008 Non-Manufacturing Index (NMI) at 49.6%

The ISM released the March 2008 Non-Manufacturing ISM Report On Business last week, reporting that the Non-Manufacturing Index (NMI) increased 0.3 percentage point to 49.6 from 49.3 in February. Although both numbers indicate mild contraction (both are below 50) they … Continue reading

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Initial Claims Down 9,000 to 366,000

(April 3, 2008) – The Department of Labor released their Unemployment Insurance Weekly Claims Report, announcing that in the week ending March 29, the advance figure for seasonally adjusted initial claims was 407,000, an increase of 38,000 from the previous … Continue reading

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