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- U.S ISM non-manufacturing registered 58.5 in August vs 57.0 expected
U.S ISM non-manufacturing registered 58.5 in August vs 57.0 expected
What respondents are saying:
"Tariff-related cost increases are beginning to accelerate, whether tariffs have been put into effect or not." (Construction)
"Our business continues to increase, perhaps linked to the general economy and aging baby boomers." (Health Care & Social Assistance)
"Government tariffs are negatively impacting production and recycling sales. Pulp costs have gone up, and that has directly impacted paper for our newspaper production and copy paper. A 10-percent tariff has been placed on aluminum, [which] is used to make production plates. Those used plates are put on the recycling market, which China has put a tariff on. These dynamics have a significant impact on newspaper margins." (Information)
"Business for August is surprisingly higher for our company compared to last month and YOY [year over year]. Based on current trends on customer quote requests and conversions to orders, we are trending for this month to be the best August in the history of our company." (Management of Companies & Support Services)
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