{"id":516380,"date":"2010-04-05T10:05:00","date_gmt":"2010-04-05T14:05:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/now-the-ism-services-index-blows-past-expectations-2010-4"},"modified":"2010-04-05T10:05:00","modified_gmt":"2010-04-05T14:05:00","slug":"now-the-ism-services-index-blows-past-expectations-but-employment-is-contracting","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/516380","title":{"rendered":"Now The ISM Services Index Blows Past Expectations&#8230; But Employment Is Contracting"},"content":{"rendered":"<p>The ISM non-manufacturing index just beat expectations in March, coming it 55.4 vs. just 54 expected. Still, note below that the Employment sub-index continues to indicate some contraction on the jobs front.<\/p>\n<p>Nevertheless, there&#8217;s a lot of good news, in that multiple sub-indices such as Export Orders and Order Backlog where previous contraction has switched to expansion.<\/p>\n<p>&#8212;<\/p>\n<p>*  &#8220;Business conditions have returned to normal (pre-recession). Our business is up significantly since 2009. We are very positive about the upcoming year.&#8221; (Information)<\/p>\n<p>* &#8220;Demand for loans, credit cards, mortgages and equity lending is expected to continue to increase.&#8221; (Finance &amp; Insurance)<\/p>\n<p>* &#8220;Brisk business activity continues as more projects get &#8216;green light.'&#8221; (Utilities)<\/p>\n<p>* &#8220;Observing some relaxation on several fronts regarding spending and hiring. Still very cautious, but making investments where they make sense.&#8221; (Retail Trade)<\/p>\n<p>* &#8220;Limited funding available for development [and] expansions.&#8221; (Accommodation &amp; Food Services)<\/p>\n<p>* &#8220;The economy appears to be holding its own; however, state and local funding is projected to decrease next fiscal year.&#8221; (Educational Services)<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bb9edab7f8b9a9c306f0b00-600-\/chart.png\" border=\"0\" alt=\"Chart\" width=\"600\" \/><\/p>\n<p>We&#8217;re looking at a decent upwards trend now in the monthly numbers:<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4bb9eff37f8b9ade36bf0700\/chart.png\" border=\"0\" alt=\"Chart\" \/><\/p>\n<p><a href=\"http:\/\/www.ism.ws\/ISMReport\/NonMfgROB.cfm?navItemNumber=12943\">See the full official release here &gt;<\/a><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/now-the-ism-services-index-blows-past-expectations-2010-4#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/iAeTjtFhKfM\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The ISM non-manufacturing index just beat expectations in March, coming it 55.4 vs. just 54 expected. Still, note below that the Employment sub-index continues to indicate some contraction on the jobs front. Nevertheless, there&#8217;s a lot of good news, in that multiple sub-indices such as Export Orders and Order Backlog where previous contraction has switched [&hellip;]<\/p>\n","protected":false},"author":6205,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-516380","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/516380","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/6205"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=516380"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/516380\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=516380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=516380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=516380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}