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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
Aug 03, 2018
Actual
57.0
Previous
63.2
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.
Importance:
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Currency: USD
Source: Institute for Supply Managemen...
U.S. ISM Non-Manufacturing New Orders
 
Release Date Time Actual Forecast Previous
Sep 06, 2018 (Aug) 10:00     57.0
Aug 03, 2018 (Jul) 10:00 57.0   63.2
Jul 05, 2018 (Jun) 10:00 63.2   60.5
Jun 05, 2018 (May) 10:00 60.5   60.0
May 03, 2018 (Apr) 10:00 60.0   59.5
Apr 04, 2018 (Mar) 10:00 59.5   64.8

News

ISM Non-Manufacturing Index Falls to 55.7 in July
ISM Non-Manufacturing Index Falls to 55.7 in July By Investing.com - Aug 03, 2018

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

ISM Non-Manufacturing Index Rises to 59.1 in June
ISM Non-Manufacturing Index Rises to 59.1 in June By Investing.com - Jul 05, 2018

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

ISM Non-Manufacturing Index Rises to 58.6 in May
ISM Non-Manufacturing Index Rises to 58.6 in May By Investing.com - Jun 05, 2018

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

Analysis

ISM Non-Manufacturing New Orders Discussion

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