Category Archives: Houston Business Reports
June 2023 ISM—Houston Business Report
Posted on July 10, 2023 by Ross Harvison
May 2023 ISM—Houston Business Report
Posted on June 12, 2023 by Ross Harvison
(Houston, Texas) – According to Houston area supply chain executives, economic activity in Houston expanded at slower pace in May. Manufacturing sector activity continues to report a significant rate of contraction while nonmanufacturing activity showed continued expansion at a modestly slower rate.
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May 2023 ISM-Houston Business Report
April 2023 ISM—Houston Business Report
Posted on May 10, 2023 by Ross Harvison
(Houston, Texas) – According to Houston area supply chain executives, economic activity in Houston expanded at a significantly slower pace in April. Manufacturing sector activity reported a significant rate of contraction while nonmanufacturing activity showed continued expansion at a much slower rate.
Click below to download the PDF version of the full report.
April 2023 ISM-Houston Business Report
March 2023 ISM—Houston Business Report
Posted on April 10, 2023 by Ross Harvison
(Houston, Texas) – According to Houston area supply chain executives, economic activity in Houston expanded at a faster pace in March. Manufacturing sector activity returned to indicating minimal expansion while nonmanufacturing activity showed a higher expansion rate.
Click below to download the PDF version of the full report.
March 2023 ISM-Houston Business Report
February 2023 ISM—Houston Business Report
Posted on March 10, 2023 by Ross Harvison
(Houston, Texas) – Area supply chain executives reported that the Houston economy expanded at a higher pace in February. Manufacturing activity showed minimal contraction again this month, while nonmanufacturing reported a modestly higher expansion rate. The Houston Purchasing Managers Index fell 3.0 points to 50.8. Two of the three underlying indicators that have the strongest correlation with the Houston economy, sales/new orders and lead times, are now pointing to possible weak contraction while the third, employment, continues to indicate potential expansion. The sales/new orders index fell 2.3 points to 47.2. The employment index fell 3.4 points to 55.5. The lead times index fell 4.1 points to 48.7. The Finished goods inventory index, the underlying indicator that has the strongest inverse correlation with economic activity, rose 1.4 points to 53.0, giving a modestly higher indication of contraction. The Houston Manufacturing PMI fell 1.7 points to 48.6, giving a modest contraction signal. The non-manufacturing PMI fell 3.3 points to 51.2, showing a slower expansion rate for the industries in this sector. On an industry specific basis, professional and management services, construction, oil & gas, and health care reported continued expansion. Manufacturing, leisure and hospitality, real estate, and trade, transportation & warehousing reported near neutral. No sector reported significant contraction. The Institute for Supply Management – Houston has published the Houston Purchasing Managers Index monthly since January 1995 as a service to its members and the greater Houston business community.
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February 2023 ISM-Houston Business Report
January 2023 ISM—Houston Business Report
Posted on February 10, 2023 by Ross Harvison
(Houston, Texas) – According to Houston area supply chain executives, economic activity in Houston expanded at a significantly slower pace in January. Manufacturing sector activity fell to minimal contraction while nonmanufacturing activity slowed to very modestly expansion.
Click below to download the PDF version of the full report.
January 2023 ISM-Houston Business Report
December 2022 ISM—Houston Business Report
Posted on January 10, 2023 by Ross Harvison
(Houston, Texas) – According to Houston area supply chain executives, economic activity in Houston expanded at a somewhat slower pace in December. Manufacturing sector activity came in at neutral month over month while nonmanufacturing activity showed modestly lower expansion.
Click below to download the PDF version of the full report.
December 2022 ISM-Houston Business Report