Economic Recovery Continues in 2010: Institute for Supply Management
Non-Manufacturing
The capacity to produce products or provide services in the non-manufacturing sector decreased 1.4 percent during 2009. This compares to the 0.3 percent increase reported in December 2008 for the year 2008, and is less than the prediction in April 2009 of a 2.6 percent decrease for 2009. For 2010, an increase (0.9 percent) is predicted. For 2009, 15 percent of non-manufacturing supply managers indicate increases averaging 9.6 percent, and 16 percent of respondents indicate decreases averaging 17.9 percent. Sixty-nine percent see no change in their capacity. The five industries reporting increases in capacity in 2009 are: Retail Trade; Accommodation & Food Services; Other Services(b); Professional, Scientific & Technical Services; and Utilities.