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ISM Manufacturing PMI

United States · next release date not yet on the live calendar

Forecast
Previous

No verified figures for this release right now — the consensus forecast and previous reading appear here whenever this event is on the current week's live calendar. We do not show placeholder numbers.

What it is

The Institute for Supply Management (ISM) Manufacturing PMI is a monthly diffusion index built from a survey of purchasing managers at roughly 300 industrial companies. Readings above 50 signal expansion in the factory sector while readings below 50 signal contraction. The headline is assembled from five equally weighted sub-indices — new orders, production, employment, supplier deliveries and inventories.

Why it matters to traders

Manufacturing is highly cyclical, so the ISM is one of the earliest and most reliable reads on the health of the US economy. A surprise relative to forecast moves the dollar and Treasury yields immediately because traders use it to recalibrate the odds of the next Fed move. The new-orders and prices-paid sub-indices are watched closely for forward-looking demand and inflation signals.

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Next scheduled release

Next date not yet scheduled

ISM Manufacturing PMI is not on the current week's live calendar, and we don't hold a verified forward schedule for it — so no date is shown rather than an estimated one. It appears on the FXMARE economic calendar with a live countdown as soon as the release is published to the feed.

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