Sign up to create alerts for Instruments,
Economic Events and content by followed authors
Free Sign Up Already have an account? Sign In
Quotes
All Instrument Types
- All Instrument Types
- Indices
- Equities
- ETFs
- Funds
- Commodities
- Currencies
- Crypto
- Bonds
- Certificates
Please try another search
🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAY
CLAIM SALE
U.S. ISM Non-Manufacturing Employment
Latest Release
Nov 05, 2024
Actual53.0
Forecast48.0
Previous48.1
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.
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.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Nov 05, 2024 (Oct) | 23:00 | 53.0 | 48.0 | 48.1 | |
| Oct 03, 2024 (Sep) | 22:00 | 48.1 | 50.0 | 50.2 | |
| Sep 05, 2024 (Aug) | 22:00 | 50.2 | 50.5 | 51.1 | |
| Aug 05, 2024 (Jul) | 22:00 | 51.1 | 46.4 | 46.1 | |
| Jul 03, 2024 (Jun) | 22:00 | 46.1 | 49.0 | 47.1 | |
| Jun 05, 2024 (May) | 22:00 | 47.1 | 47.2 | 45.9 |
News
ISM non-manufacturing PMI still robust in February, despite weaker pricing trends
By Investing.com - Mar 03, 2023
By Geoffrey Smith Investing.com -- A key gauge of U.S. economic activity showed business was still robust in February, but suggested that companies are fast losing their pricing power as inflation...
ISM non-manufacturing PMI jumps in January
By Investing.com - Feb 03, 2023
By Geoffrey Smith Investing.com -- A key gauge of service-sector activity in the U.S. rose strongly in January, adding to evidence earlier Friday that the economy still has plenty of momentum. The...
China reopening, OPEC+ rollover, Foxconn revenue shock - what's moving markets
By Investing.com - Dec 05, 2022
By Geoffrey Smith Investing.com -- Chinese assets fly as the country's reopening momentum builds. Oil also rises, after OPEC+ leaves production quotas unchanged as Europe's embargo on Russian crude...
Analysis
Dow's 800-Point Drop Sends Risk FX Lower
By Kathy Lien - Sep 04, 2020
With less than 24 hours to go before the next U.S. jobs report, it was finally time for investors to take profits on overstretched equity positions. The fragile U.S. recovery fails to justify...
ISM Non-Manufacturing Employment Discussion
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review