In February, the ISM Non-manufacturing Index rose 2.5 points to 53.0. This move placed this index significantly over the expansionary threshold of 50 for the first time since the beginning of the recession. Service sector activity has rebounded more slowly than manufacturing activity, according to the ISM indices. The business output component moved upwards by 2.6 points to 54.8. Though the employment component improved, rising 4.0 points, the level was still below the expansionary threshold, coming in at 48.6. Therefore, though output is expanding and the service sector is in recovery, employment is still yet to see improvement.
| >50 = expansion | Feb | Jan | Dec | Nov | Oct | Sep |
| Headline Index | 53.0 | 50.5 | 49.8 | 48.4 | 50.1 | 50.1 |
| Business Output | 54.8 | 52.2 | 53.2 | 49.6 | 54.0 | 53.2 |
| Exports | 47.0 | 46.0 | 46.0 | 54.5 | 53.5 | 48.5 |
| Employment | 48.6 | 44.6 | 43.6 | 41.7 | 41.7 | 44.1 |
| New Orders | 55.0 | 54.7 | 52.0 | 53.7 | 54.2 | 53.1 |
| Backlogged Orders | 46.0 | 45.5 | 48.0 | 48.5 | 53.5 | 51.5 |
10.03.03 (Source:
Institute for Supply Management)
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