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

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

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Latest Release
Apr 03, 2024
Actual
51.4
Forecast
52.8
Previous
52.6
The Institute of Supply Management (ISM) Non-Manufacturing Purchasing Managers' Index (PMI) (also known as the ISM Services PMI) report on Business, a composite index is calculated as an indicator of the overall economic condition for the non-manufacturing sector. The NMI is a composite index based on the diffusion indexes for four of the indicators with equal weights: Business Activity (seasonally adjusted), New Orders (seasonally adjusted), Employment (seasonally adjusted) and Supplier Deliveries.

A reading above 50 percent indicates the non-manufacturing sector economy is generally expanding; below 50 percent indicates the non-manufacturing sector is generally contracting. The Non-Manufacturing ISM Report on Business is based on data compiled from monthly replies to questions asked of more than 370 purchasing and supply executives in over 62 different industries representing nine divisions from the Standard Industrial Classification (SIC) categories. Membership of the Business Survey Committee is diversified by SIC category and is based on each industry contribution to Gross Domestic Product (GDP).

A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.
Importance:
Country:
Currency: USD
Source: Institute for Supply Managemen...
U.S. ISM Non-Manufacturing Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
May 03, 2024 (Apr) 10:00     51.4
Apr 03, 2024 (Mar) 10:00 51.4 52.8 52.6
Mar 05, 2024 (Feb) 11:00 52.6 53.0 53.4
Feb 05, 2024 (Jan) 11:00 53.4 52.0 50.5
Jan 05, 2024 (Dec) 11:00 50.6 52.6 52.7
Dec 05, 2023 (Nov) 11:00 52.7 52.0 51.8

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Analysis

ISM Non-Manufacturing PMI Discussion

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All Comments (30)
zain ghous
zain ghous Mar 05, 2024 5:17AM ET
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will usd become stronger after news?
Shoaib Farooq
Shoaib Farooq Nov 03, 2022 10:21AM ET
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any Gold price prediction with this USD Data???
Andre Fichardt
Andre Fichardt May 03, 2018 7:06AM ET
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Will the USD get weaker or stronger after this announcement?
vincent li
vincent li May 03, 2018 7:06AM ET
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USD will get stronger..and less demand for US goods
Andre Fichardt
Andre Fichardt May 03, 2018 7:05AM ET
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Will the USD get weaker or stronger after this announcement?
oa ermutlu
oa ermutlu Apr 06, 2017 7:04PM ET
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Feb 03, 2017 (Jan) 18:00 56.5 57.0 56.6 . ** Jan 05, 2017 (Dec) 18:00 **57.2 56.6 57.2 **. Dec 05, 2016 (Nov) 18:00 57.2 55.4 54.8 . . is there a typo at this row?
LUIS GONZALEZ
LUIS GONZALEZ Mar 02, 2017 10:09PM ET
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FORECAST 55.06
Jakob Balslev Skovmøller
Jakob Balslev Skovmøller Mar 03, 2016 10:24AM ET
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Why did EUR USD go up?!!. And GBP USD too.. It was positive data for USD?
Rajitha Rangajeewa Warnasooriya
Rajitha Rangajeewa Warnasooriya Jul 06, 2015 2:56AM ET
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When will EUR USD rech to 1.200 area? Will it happen today?.
Rajitha Rangajeewa Warnasooriya
Rajitha Rangajeewa Warnasooriya Jul 06, 2015 12:59AM ET
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EUR USD?
hazrat ullah
hazrat ullah Jun 03, 2015 9:32AM ET
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USD going up or down.
muhammad abbas
muhammad abbas Jun 03, 2015 9:32AM ET
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down. cccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccc.
 
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