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U.S. ISM Manufacturing Purchasing Managers Index (PMI)

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U.S. ISM Manufacturing Purchasing Managers Index (PMI)

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Latest Release
Dec 02, 2024
Actual
48.4
Forecast
47.7
Previous
46.5
The Institute of Supply Management (ISM) Manufacturing Purchasing Managers Index (PMI) Report on Business is based on data compiled from monthly replies to questions asked of purchasing and supply executives in over 400 industrial companies across the United States. For each of the indicators measured (New Orders, Backlog of Orders, New Export Orders, Imports, Production, Supplier Deliveries, Inventories, Customers Inventories, Employment, and Prices), a diffusion index is calculated by adding the percent of positive responses plus one-half of those responding the same (considered positive). The resulting single index number is then seasonally adjusted.

The PMI is a composite index based on the seasonally adjusted diffusion indices for five of the indicators with differing weights: New Orders --30% Production --25% Employment --20% Supplier Deliveries --15% and Inventories -- 10%.

A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.
Importance:
Country:
Currency: USD
Source: Institute for Supply Managemen...
U.S. ISM Manufacturing Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Dec 02, 2024 (Nov) 15:00 48.4 47.7 46.5
Nov 01, 2024 (Oct) 14:00 46.5 47.6 47.2
Oct 01, 2024 (Sep) 14:00 47.2 47.6 47.2
Sep 03, 2024 (Aug) 14:00 47.2 47.5 46.8
Aug 01, 2024 (Jul) 14:00 46.8 48.8 48.5
Jul 01, 2024 (Jun) 14:00 48.5 49.2 48.7

News

UBS wary of chasing dollar weakness ahead of payrolls
UBS wary of chasing dollar weakness ahead of payrolls By Investing.com - Oct 02, 2024

Investing.com - The price of Brent soared and equity markets suffered weakness in response to the Iranian missile attacks on Israel, but the US dollar gains were more muted, noted UBS, suggesting a...

Analysis

ISM Manufacturing PMI Discussion

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