The ISM-New York current business conditions index decreased by 15.7 points to a nine-month low of 35.5 in February, according to the ISM-New York Monthly Report on Business.<\/p>\n\n\n\n
This reading showed a decline from the January level of 51.2, a level that represented a loss of 10.1 points.<\/p>\n\n\n\n
The Six-Month Outlook declined for the second month in a row, falling by 1.8 points to 51.5, its lowest level in three months<\/p>\n\n\n\n
The seasonally adjusted employment index plunged by 19.5 points from 60.6 in January to 41.1 last month, accounting for the biggest share of the business conditions decline.<\/p>\n\n\n\n
The Quantity of Purchases index continued to fall from an eight-month low of 35.7 in January to a nine-month low of 35.3 in February.<\/p>\n\n\n\n
The data is based on a survey of purchasing managers in New York City, who reported significant drops in current business conditions and employment this month, according to the survey taken by ISM-New York, an affiliate of the Institute for Supply Management (ISM).<\/p>\n","protected":false},"excerpt":{"rendered":"
The ISM-New York current business conditions index decreased by 15.7 points to a nine-month low of 35.5 in February, according to the ISM-New York Monthly Report on Business. This reading showed a decline from the January level of 51.2, a level that represented a loss of 10.1 points. The Six-Month Outlook declined for the second …<\/p>\n","protected":false},"author":10,"featured_media":32157,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6858],"class_list":["post-42317","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-us-economy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=42317"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42317\/revisions"}],"predecessor-version":[{"id":42318,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/42317\/revisions\/42318"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32157"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=42317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=42317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=42317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}