Economic Recovery Continues in 2010: Institute for Supply Management
Non-Manufacturing
The first half of 2010 is predicted to be stronger than the last half of 2009, according to non-manufacturing purchasing and supply managers. The diffusion index indicating current expectations is 62.5 percent. Forty percent of respondents expect the first half of next year to be better than the last half of this year, 15 percent anticipate it will be worse, and 45 percent predict no change. The 10 industries expecting improvement in the first half of 2010 — listed in order — are: Agriculture, Forestry, Fishing & Hunting; Transportation & Warehousing; Utilities; Accommodation & Food Services; Finance & Insurance; Other Services(b); Professional, Scientific & Technical Services; Wholesale Trade; Health Care & Social Assistance; and Retail Trade.