Index Indicating Manufacturing Sentiment in the US
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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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| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||