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U.S. ISM Non-Manufacturing Employment

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U.S. ISM Non-Manufacturing Employment

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Latest Release
May 05, 2021
Actual
58.8
Previous
57.2
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.
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Currency: USD
Source: Institute for Supply Managemen...
U.S. ISM Non-Manufacturing Employment
 
Release Date Time Actual Forecast Previous
May 05, 2021 (Apr) 10:00 58.8   57.2
Apr 05, 2021 (Mar) 10:00 57.2   52.7
Mar 03, 2021 (Feb) 11:00 52.7   55.2
Feb 03, 2021 (Jan) 11:00 55.2   48.7
Jan 07, 2021 (Dec) 11:00 48.2   51.5
Dec 03, 2020 (Nov) 11:00 51.5   50.1

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ISM Non-Manufacturing Employment Discussion

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All Comments (3)
Gary Smith
Gary Smith Oct 05, 2020 11:03AM ET
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Another soft target.
Tan Thuan kheng
Tan Thuan kheng Apr 03, 2014 8:59AM ET
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50.5
Joe Bucks
Joe_Bucks Apr 02, 2014 12:41PM ET
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The employment component is always a big release prior to the NFP. Watch this out. I bet on 51.5!
 
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