US Data: ISM Non-manufacturing Survey Indexes - Summary

December 2004

Diffusion indexes, seasonally adjusted except where otherwise noted

                       Dec-04  Nov-04  Oct-04  Sep-04  Aug-04  Dec-03

Business Activity         63.1    61.3    59.8    56.7    58.2    58.0

New Orders                60.3    59.9    60.5    58.5    58.6    59.5

Employment                54.9    55.0    55.8    54.6    52.5    54.0

Supplier Deliveries       55.5    55.0    56.0    55.5    57.0    52.0

Inventories               56.0    52.5    50.0    51.5    53.0    51.5

Prices (unadj)            71.4    71.0    74.1    67.1    70.0    60.3

Backlog of Orders         56.5    54.0    52.5    52.5    53.0    55.5

New Export Orders         55.5    53.5    55.0    55.5    55.0    57.5

Import (unadj)            61.0    62.0    57.5    56.0    63.5    57.0

Inventory Sentiment       64.0    61.5    60.5    61.5    62.5    62.0