ISM Manufacturing Employment Index

The Institute for Supply Management (ISM) Manufacturing Index shows business conditions in the US manufacturing sector, taking into account expectations for future production, new orders, inventories, employment and deliveries. It is a significant indicator of the overall economic condition in US. The ISM Manufacturing Employment Index represents business sentiment regarding labor market conditions and is considered a strong Non-Farm Payrolls leading indicator. A high reading is seen as positive for the USD, while a low reading is seen as negative.

Most recent - Monday 1 December 2025 15:00

Previous
46
Revised
-
Forecast
-
Actual
44

Trading range

Forecast history

The most recent announced value for ISM Manufacturing Employment Index was 44.

Past events

Date
Forecast
Actual
Monday 1 December 2025 15:00
-
44
Monday 3 November 2025 15:00
-
46
Wednesday 1 October 2025 14:00
-
45.3
Tuesday 2 September 2025 14:00
-
43.8
Friday 1 August 2025 14:00
-
43.4
Tuesday 1 July 2025 14:00
47
45
Monday 2 June 2025 14:00
-
46.8
Thursday 1 May 2025 14:00
-
46.5
Tuesday 1 April 2025 14:00
-
44.7
Monday 3 March 2025 15:00
-
47.6
Monday 3 February 2025 15:00
-
50.3
Friday 3 January 2025 15:00
48
45.3
Monday 2 December 2024 15:00
-
48.1
Friday 1 November 2024 14:00
-
44.4
Tuesday 1 October 2024 14:00
47
43.9
Tuesday 3 September 2024 14:00
-
46
Thursday 1 August 2024 14:00
49
43.4
Monday 1 July 2024 14:00
50
49.3
Monday 3 June 2024 14:00
-
51.1
Wednesday 1 May 2024 14:00
-
48.6
Monday 1 April 2024 14:00
-
47.4
Friday 1 March 2024 15:00
-
45.9
Thursday 1 February 2024 15:00
-
47.1
Wednesday 3 January 2024 15:00
46.1
48.1
Friday 1 December 2023 15:00
-
45.8
Wednesday 1 November 2023 14:00
50.3
46.8
Monday 2 October 2023 14:00
48.3
51.2
Friday 1 September 2023 14:00
44.2
48.5
Tuesday 1 August 2023 14:00
48
44.4
Monday 3 July 2023 14:00
-
48.1
Thursday 1 June 2023 14:00
49.8
51.4
Monday 1 May 2023 14:00
47.9
50.2
Monday 3 April 2023 14:00
49.8
46.9
Wednesday 1 March 2023 15:00
51
49.1
Wednesday 1 February 2023 15:00
49
50.6
Wednesday 4 January 2023 15:00
48.3
51.4

Economic context

Recent economic data has been moderately bearish for USD. Other recent announcements which may affect the market's interpretation of the next ISM Manufacturing Employment Index result:

PreviousLatest
Michigan Consumer Expectations IndexBullish change5155
Michigan Consumer Sentiment IndexBullish change5153.3
UoM 1-year Consumer Inflation ExpectationsBearish change4.5%4.1%
UoM 5-year Consumer Inflation ExpectationBearish change3.4%3.2%
Core Personal Consumption Expenditures - Price Index (MoM)(no change)0.2%0.2%
Core Personal Consumption Expenditures - Price Index (YoY)Bearish change2.9%2.8%
Personal Consumption Expenditures - Price Index (MoM)(no change)0.3%0.3%
Personal Consumption Expenditures - Price Index (YoY)Bullish change2.7%2.8%
Personal Income (MoM)(no change)0.4%0.4%
Personal SpendingBearish change0.5%0.3%
Factory Orders (MoM)Bearish change1.3%0.2%
Initial Jobless ClaimsBullish change218K191K
Challenger Job CutsBearish change153.074K71.321K
ISM Services Employment IndexBullish change48.248.9
ISM Services New Orders IndexBearish change56.252.9
ISM Services PMIBullish change52.452.6
ISM Services Prices PaidBearish change7065.4
S&P Global Composite PMIBearish change54.854.2
Industrial Production (MoM)Bullish change-0.3%0.1%
ADP Employment ChangeBearish change47K-32K
ISM Manufacturing New Orders IndexBearish change49.447.4
ISM Manufacturing PMIBearish change48.748.2
ISM Manufacturing Prices PaidBullish change5858.5
Chicago PMIBearish change43.836.3
Durable Goods OrdersBearish change3%0.5%
Durable Goods Orders ex DefenseBearish change1.9%0.1%
Durable Goods Orders ex TransportationBullish change0.5%0.6%
Nondefense Capital Goods Orders ex Aircraft(no change)0.9%0.9%
Initial Jobless ClaimsBullish change222K216K
Pending Home Sales (MoM)Bullish change0.1%1.9%
Housing Price Index (MoM)Bearish change0.4%0%
Producer Price Index (MoM)Bullish change-0.1%0.3%
Producer Price Index (YoY)(no change)2.7%2.7%
Producer Price Index ex Food & Energy (MoM)Bullish change-0.1%0.1%
Producer Price Index ex Food & Energy (YoY)Bearish change2.9%2.6%
Retail Sales (MoM)Bearish change0.6%0.2%
Retail Sales Control GroupBearish change0.6%-0.1%
Retail Sales ex Autos (MoM)Bearish change0.6%0.3%
ADP Employment Change 4-week averageBearish change-2.5K-13.5K

About ISM Manufacturing Employment Index

Country:United States
Currency:USD
Source:Institute for Supply Management
Category:Labor Market
Frequency:Monthly
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