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Index Indicating Manufacturing Sentiment in the US

Country:
USDUnited States
Importance:
★★★
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About Index Indicating Manufacturing Sentiment in the US

The ISM Manufacturing Purchasing Managers' Index (PMI) is an indicator used to assess economic activity in the manufacturing sector of the United States. This data is published monthly by the Institute for Supply Management (ISM) and is derived from a survey of purchasing managers nationwide.

The index uses 50 as a benchmark; a value above 50 indicates expansion in manufacturing, while a value below 50 indicates contraction. The ISM Manufacturing PMI consists of five major components: new orders, production, employment, supplier deliveries, and inventories. It is considered a leading indicator of the US economy.

This data serves as a reference for policymakers to evaluate trends in the manufacturing sector and formulate appropriate economic policies. It is also a crucial information source for businesses and investors to assess trends in manufacturing and economic outlooks.

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