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 - Tuesday 1 October 2024 14:00

Previous
46
Revised
-
Forecast
47
Actual
43.9

Lower numbers than forecast tend to be bullish for xxx/USD pairs and bearish for USD/xxx pairs.

Trading range

Forecast history

The most recent announced value for ISM Manufacturing Employment Index was 43.9 against a forecast of 47.

Past events

Date
Forecast
Actual
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
Thursday 1 December 2022 15:00
49.3
48.4
Tuesday 1 November 2022 14:00
51.4
50
Monday 3 October 2022 14:00
52.1
48.7
Thursday 1 September 2022 14:00
49
54.2
Monday 1 August 2022 14:00
47.4
49.9
Friday 1 July 2022 14:00
50.2
47.3
Wednesday 1 June 2022 14:00
53.6
49.6
Monday 2 May 2022 14:00
54.7
50.9
Friday 1 April 2022 14:00
53.7
56.3
Tuesday 1 March 2022 15:00
54.4
52.9
Tuesday 1 February 2022 15:00
53.8
54.5
Tuesday 4 January 2022 15:00
53.5
54.2
Wednesday 1 December 2021 15:00
51.1
53.3
Monday 1 November 2021 14:00
49.6
52

Economic context

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

PreviousLatest
New Home Sales Change (MoM)Bullish change-2.3%4.1%
S&P Global Composite PMIBullish change5454.3
S&P Global Manufacturing PMIBullish change47.347.8
S&P Global Services PMIBullish change55.255.3
Initial Jobless ClaimsBullish change242K227K
Existing Home Sales Change (MoM)Bullish change-2%-1%
Monthly Budget StatementBullish change$-380B$64B
Building Permits (MoM)Bearish change1.47M1.428M
Housing Starts (MoM)Bearish change1.361M1.354M
Industrial Production (MoM)Bearish change0.3%-0.3%
Initial Jobless ClaimsBullish change260K241K
Philadelphia Fed Manufacturing SurveyBullish change1.710.3
Retail Sales (MoM)Bullish change0.1%0.4%
Retail Sales Control GroupBullish change0.3%0.7%
Retail Sales ex Autos (MoM)Bullish change0.2%0.5%
NY Empire State Manufacturing IndexBearish change11.5-11.9
Michigan Consumer Sentiment IndexBearish change70.168.9
UoM 5-year Consumer Inflation ExpectationBearish change3.1%3%
Producer Price Index ex Food & Energy (MoM)Bearish change0.3%0.2%
Producer Price Index (MoM)Bearish change0.2%0%
Producer Price Index (YoY)Bearish change1.9%1.8%
Producer Price Index ex Food & Energy (YoY)Bullish change2.6%2.8%

About ISM Manufacturing Employment Index

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