ISM Manufacturing PMI
United States · next release date not yet on the live calendar
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 nationwide survey of purchasing and supply executives at US manufacturing 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, and because the ISM report is published on the first business day of the month it is one of the earliest monthly reads on the US economy. A reading that differs meaningfully from the consensus forecast can move the dollar and Treasury yields quickly, as traders reassess the outlook for Federal Reserve policy. The New Orders sub-index and the separately reported Prices index (shown on calendars as 'ISM Manufacturing Prices') are watched closely for signals on future demand and on input-cost inflation.
Next scheduled release
Next date not yet on our live calendar
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.
Related events
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