The ISM-Houston Business Report has been published monthly since January 1995.
The report surveys its contributors monthly in order to determine the direction of the Houston economy on a month-to-month comparative basis. It asks each respondent to indicate the direction their organization is currently going (up, down, same) compared to the prior month in each of the following eight operational categories:
Price Paid (production materials and capital purchases)
Lead Times (from suppliers)
Purchased Materials Inventory (raw materials and supplies)
Finished Goods Inventory
From the contributor data an index figure is calculated for each category and the PMI (Purchasing Managers Index) is then developed from a category weighting system.
The resulting data, along with the publisher’s analysis and a few comments from survey contributors are distributed to all ISM-Houston members, media and certain economics interests on the tenth of each month.
Contributors to the ISM-Houston Business Report number over eighty Houston area entities engaged in manufacturing, oil and gas, fabrication, engineering and construction, petrochemical production, health care, financial services, distribution, business services and government, among others. It is the intent of the report to represent, as closely as possible, a cross section of the Houston industrial business community.
Information from the report is used by the Greater Houston Partnership, the Bureau of Labor Statistics, the Federal Reserve Bank, the Houston Chronicle and several other local, regional and national organizations to help in their analysis of the direction of the Houston area economy.