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U.S. ISM Non-Manufacturing New Orders

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U.S. ISM Non-Manufacturing New Orders

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Latest Release
Oct 04, 2017
Actual
63.0
Previous
57.1
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.
Importance:
Country:
Currency: USD
Source: Institute for Supply Managemen...
U.S. ISM Non-Manufacturing New Orders
 
Release Date Time Actual Forecast Previous
Nov 03, 2017 (Oct) 10:00     63.0
Oct 04, 2017 (Sep) 10:00 63.0   57.1
Sep 06, 2017 (Jan) 10:00 57.1   55.1
Aug 03, 2017 (Jul) 10:00 55.1   60.5
Jul 06, 2017 (Jun) 10:00 60.5   57.7
Jun 05, 2017 (May) 10:00 57.7   63.2

News

U.S. ISM services PMI just misses consensus in August
U.S. ISM services PMI just misses consensus in August By Investing.com - Sep 06, 2017

Investing.com - Service sector activity in the U.S. increased slightly less than expected in August, industry data showed on Wednesday. In a report, the Institute of Supply Management (ISM) said its ...

ISM U.S. services activity index falls to 53.9 in July
ISM U.S. services activity index falls to 53.9 in July By Investing.com - Aug 03, 2017

Investing.com - Activity in the U.S. service sector expanded at a slower-than-forecast pace in July, according to an industry report released on Thursday. The Institute for Supply Management said its...

U.S. ISM services PMI unexpectedly increases in June
U.S. ISM services PMI unexpectedly increases in June By Investing.com - Jul 06, 2017

Investing.com - Service sector activity in the U.S. unexpectedly strengthened in June, bolstering optimism over the U.S. economy, industry data showed on Thursday. In a report, the Institute of ...

Analysis

Helen Rush
The Euro Won’t Stop By Helen Rush - Jul 25, 2017

EURUSD hit a high not seen since August, 2015 at 1.1712, as any positive argument may trigger the euro to rise. And this time USD weakness worked just well. Today, the Philadelphia Non-Manufacturing ...

ISM Non-Manufacturing New Orders Discussion

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