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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 03, 2018
Actual
53.6
Previous
56.6
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:
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Currency: USD
Source: Institute for Supply Managemen...
U.S. ISM Non-Manufacturing Employment
 
Release Date Time Actual Forecast Previous
Jun 05, 2018 (May) 10:00     53.6
May 03, 2018 (Apr) 10:00 53.6   56.6
Apr 04, 2018 (Mar) 10:00 56.6   55.0
Mar 05, 2018 (Feb) 11:00 55.0   61.6
Feb 05, 2018 (Jan) 11:00 61.6   56.3
Jan 05, 2018 (Dec) 11:00 56.3   55.3

News

ISM Non-Manufacturing Index Falls to 58.8 in March
ISM Non-Manufacturing Index Falls to 58.8 in March By Investing.com - Apr 04, 2018

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

U.S. ISM Services PMI Rises in January
U.S. ISM Services PMI Rises in January By Investing.com - Feb 05, 2018

Investing.com - A closely-watched gauge of U.S. service sector sentiment rose in January, according to a business survey released on Monday. The Institute of Supply Management’s...

Analysis

Ashraf Laidi
Cable At 200-DMA, NFP Next By Ashraf Laidi - May 04, 2018

The US dollar is up against all major currencies with the exception of the Japanese yen since 10 pm London yesterday. European indices are back in positive territory but US futures indices are in the...

Boris Schlossberg
FX Focuses On NFPs By Boris Schlossberg - May 04, 2018

Market Drivers May 4, 2018 EZ Final PMI slips FX focused on NFPs Nikkei -0.16% Dax 0.25% Oil $68/bbl Gold $1309/oz. Bitcoin $9744 Europe and Asia EUR: Final PMI 55.1 vs. 55.2 EUR: EZ Retail Sales...

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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