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NEW YORK, April 5, 2021 /PRNewswire/ In March, New York City purchasing managers reported directional optimism one year after the effects of the COVID-19 pandemic first materialized in this Report, according to the survey taken by the Institute for Supply Management-New York. While we first saw the COVID-19 pandemic hit the Report in March of 2020, the worst effects would be felt one month later, with the long, slow climb back starting in May, said Kelly Barner, ISM-New York s Business Survey Chair and Owner of Buyers Meeting Point.
New York Metro
Current Business Conditions saw a small increase over February, rising from a 9-month low of 35.5 to 37.2 in March. In March of 2020, this index was at 12.9, reflecting a 39-point drop in one month, but not yet at the lowest level that would be reported during the pandemic.
March 2021 ISM-New York Report on Business: One Year Later
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