Back to top

Real Time Insight

The non-manufacturing index registered 54.2% in October, according to a survey of U.S. purchasing and supply executives conducted by the Institute for Supply Management. This was below expectations of 54.9% and last month's reading of 55.1%. But it was above the important 50% level for the 34th consectuive month. A reading above 50% signals expansion in the non-manufacturing sector.

Six out of the 10 sub-components in this report were above 50.0. But the New Orders component did decline from 57.7 to 54.8.

Below is a graph from Calculated Risk Blog showing the trend in the non-manfacturing index over time:

This report comes after a better-than-expected ISM manufacturing survey last week that showed economic activity in the manufacturing sector expanded for the second straight month. Although economic growth in the U.S. is far from robust, it appears that we continue to at least "muddle through".

Just Released: 5 Stocks to Double

Today, you are invited to download a free Special Report from Zacks Investment Research. It reveals five moves that could gain +100% and more in the next 12 months:

One is a "boring" business delivering blistering growth. Another is a red-hot oil and gas producer set to surge on a drilling breakthrough. Still another, an online payment provider, ignited a 53% sales explosion during the past year.

Close This Panel X

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
PLANAR SYST… PLNR 4.44 +5.21%
BITAUTO HOL… BITA 81.71 +5.12%
CTPARTNERS… CTP 16.66 +4.26%
CHINA BIOLO… CBPO 47.91 +3.30%
MALLINCKROD… MNK 72.94 +2.85%