U.S. ISM Non-Manufacturing Employment

  • U.S. ISM Non-Manufacturing Employment results in real time as they're announced. Read related news and analysis, get historical data, and see the immediate global market impact.
USD
Actual
54.7
Previous
50.7
Latest Release
Sep 06, 2023
Importance
Source
Institute for Supply Management
Overview
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 conditions for the non-manufacturing sector.

/> The Employment subcategory is a diffusion index calculated by adding the percent of responses indicating they added more for labour plus one-half of those responding that they kept the amount of labour at the same level as in the prior month. The resulting single index number is then seasonally adjusted.

Because services account for such a large proportion of the US economy, traders look at this indicator for clues about the direction non-farm payrolls will take.A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Sep 06, 2023 (Aug) 19:30 54.7 -
50.7
Aug 03, 2023 (Jul) 19:30 50.7 51.1
53.1
Jul 06, 2023 (Jun) 19:30 53.1 49.9
49.2
Jun 05, 2023 (May) 19:30 49.2 51.0
50.8
May 03, 2023 (Apr) 19:30 50.8 52.6
51.3

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ISM Non-Manufacturing Employment News & Analysis
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