Hospital PMI® at 58.6% - Insights from the August 2024 ISM® Report On Business®
Saturday, 7 September 2024, 06:18
Hospital PMI® Overview
The Hospital PMI® at 58.6% indicates robust economic activity within the hospital sector. This reading showcases positive momentum despite challenges faced earlier in the year.
Monthly Growth Analysis
- Twelfth consecutive month of growth.
- Following two months of contraction.
- Historical context: 35 months of prior growth.
Future Outlook
The ongoing expansion points to a healthier outlook for the hospital sector, with potential implications for policy and funding in healthcare.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.