ISM Manufacturing New Orders Index

Actual
47.2
Previous
48.2
Forecast
48

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 New Orders Index represents business sentiment regarding future market conditions. A high reading is seen as positive for the USD, while a low reading is seen as negative.

Share on,