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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
Nov 05, 2018
Actual
59.7
Previous
62.4
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
Dec 05, 2018 (Nov) 10:00     59.7
Nov 05, 2018 (Oct) 10:00 59.7   62.4
Oct 03, 2018 (Sep) 09:00 62.4   56.7
Sep 06, 2018 (Aug) 09:00 56.7   56.1
Aug 03, 2018 (Jul) 09:00 56.1   53.6
Jul 05, 2018 (Jun) 09:00 53.6   54.1

News

ISM Non-Manufacturing Index Pulls Back from Record Levels
ISM Non-Manufacturing Index Pulls Back from Record Levels By Investing.com - Nov 05, 2018

Investing.com - The rate of growth in the economy's service sector slowed in October, after having hit record levels in the prior month, even as the expansion continued for its 105th consecutive...

ISM Non-Manufacturing Index Rises to 58.5 in August
ISM Non-Manufacturing Index Rises to 58.5 in August By Investing.com - Sep 06, 2018

Investing.com - The rate of growth in the economy's service sector picked up in August, according to a report released on Thursday. The Institute of Supply Management said its non-manufacturing...

Analysis

Kathy Lien
Will NFP Drive Euro To 1.17? By Kathy Lien - Sep 06, 2018 4

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. This Friday’s nonfarm payrolls report is very important with a Federal Reserve rate hike expected later this month. The...

ISM Non-Manufacturing Employment Discussion

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All Comments (2)
Tan Thuan kheng
Tan Thuan kheng Apr 03, 2014 8:59AM ET
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50.5
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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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