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ISM (Institute for Supply Management) Manufacturing Index

Institute for Supply Management; The first business day of the month, 10:00am EST, covers previous month data

Submitted by ForexTradingHQ on Wed, 30/04/2008 - 3:38pm.
In Economic Indicators

Institute for Supply Management; The first business day of the month, 10:00am EST, covers previous month data. The Manufacturing ISM Report On Business is based on data compiled from monthly replies to questions asked of purchasing executives in more than 400 industrial companies. It reflects a compound average of 5 main economic areas (new customers’ orders 30%; manufacturing 25%; employment 20%; supply orders 15%; inventories 10%). Any data over 50 points shows the expansion of economic activities and data under 50 points shows a contraction.

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