The ISM Non-Manufacturing Business Activity Index increased to 66.9 in February, the highest level in seven years (see chart above). Some of the categories in the index that are listed as "growing" for direction and "faster" for rate of change are: production, employment, backlog orders, and new export orders. Prices are "increasing" at a "faster" rate.
There were 13 industries reporting business activity growth in February: Real Estate, Rental & Leasing; Accommodation & Food Services; Utilities; Educational Services; Professional, Scientific & Technical Services; Public Administration; Mining; Finance & Insurance; Wholesale Trade; Transportation & Warehousing; Management of Companies & Support Services; Other Services; and Information. The four industries reporting business activity declining in February are: Construction; Health Care & Social Assistance; Arts, Entertainment & Recreation; and Retail Trade.