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ISM NY Business Conditions Index drops to 6-month low of 65.4 in December

"Current Business Conditions reached a six-month low, coming in at 65.4," the ISM-New York said in its latest Report on Business.

Key takeaways from the press release

  • The Six-Month Outlook dropped considerably month over month, falling from 73.4 in November to 57.1 in December. 
  • Employment, a seasonally adjusted index, continued its descent from October's all-time high to reach 64.5 in December. 
  • Quantity of Purchases fell for the third month in a row, coming in at 54.2 in December, a six-month low. 
  • Prices Paid fell to 63.6 in December from 71.9 in November, a six-month low.

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