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U.S. ISM Non-Manufacturing Purchasing Managers Index (PMI)

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U.S. ISM Non-Manufacturing Purchasing Managers Index (PMI)

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Latest Release
Jul 06, 2017
Actual
57.4
Forecast
56.5
Previous
56.9
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 Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
Aug 03, 2017 (Jul) 10:00     57.4
Jul 06, 2017 (Jun) 10:00 57.4 56.5 56.9
Jun 05, 2017 (May) 10:00 56.9 57.0 57.5
May 03, 2017 (Apr) 10:00 57.5 55.8 55.2
Apr 05, 2017 (Mar) 10:00 55.2 57.0 57.6
Mar 03, 2017 (Feb) 11:00 57.6 56.5 56.5

News

Gold inches higher amid dollar woes
Gold inches higher amid dollar woes By Investing.com - Jul 06, 2017

Investing.com – Gold prices pared losses on Thursday, as downbeat initial jobless claims and private sector payrolls data curbed investor expectations about the pace of rate hikes this ...

Dollar slides on weak jobs data
Dollar slides on weak jobs data By Investing.com - Jul 06, 2017

Investing.com – The dollar sank to session lows against a basket of global currencies on Thursday, after a duo of labor market reports undershot expectations, suggesting a cooling labor market. ...

ISM Non-Manufacturing PMI 57.4 vs. 56.5 forecast
ISM Non-Manufacturing PMI 57.4 vs. 56.5 forecast By Investing.com - Jul 06, 2017

Investing.com - The Institute of Supply Management non-manufacturing purchasing managers’ index rose unexpectedly in the last quarter, official data showed on Thursday.In a report, Institute for...

Analysis

Hale Stewart
Sentiment Readings Remain Bullish By Hale Stewart - Jul 10, 2017

Last week’s news was just barely bullish: while the third and final reading of 1Q GDP was positive, weaker personal consumption expenditures were concerning. In contrast, this week’s news ...

ISM Non-Manufacturing PMI Discussion

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All Comments (36)
oa ermutlu
oa ermutlu Apr 06, 2017 11:04PM GMT
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Feb 03, 2017 (Jan) 18:00 56.5 57.0 56.6 .** Jan 05, 2017 (Dec) 18:00 **57.2 56.6 57.2 **.Dec 05, 2016 (Nov) 18:00 57.2 55.4 54.8 ..is there a typo at this row?
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LUIS GONZALEZ
LUIS GONZALEZ Mar 03, 2017 3:09AM GMT
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FORECAST 55.06
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AllRoad Ea
AllRoad Ea Mar 02, 2017 8:32PM GMT
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one of the best USDJPY Robot..Login: 81927244 .Investor: 7xorsuz .FxcM GBP Demo01
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AllRoad Ea
AllRoad Ea Mar 02, 2017 6:45PM GMT
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One of Best Robot For Market Analysis..Login: 2000116618 .Investor: y8fdqce .gomarkets demo
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Jakob Balslev Skovmøller
Jakob Balslev Skovmøller Mar 03, 2016 3:24PM GMT
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Why did EUR USD go up?!!. And GBP USD too.. It was positive data for USD?
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Rajitha Rangajeewa Warnasooriya
Rajitha Rangajeewa Warnasooriya Jul 06, 2015 6:56AM GMT
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When will EUR USD rech to 1.200 area? Will it happen today?.
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Rajitha Rangajeewa Warnasooriya
Rajitha Rangajeewa Warnasooriya Jul 06, 2015 4:59AM GMT
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EUR USD?
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hazrat ullah
hazrat ullah Jun 03, 2015 1:32PM GMT
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USD going up or down.
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muhammad abbas
muhammad abbas Jun 03, 2015 1:50PM GMT
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down. cccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccc.
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john smith
john smith Jan 06, 2015 2:19PM GMT
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gbpusd up or down?
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sunil baruwal
sunil baruwal Dec 03, 2014 2:53PM GMT
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usd/jpy ?
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