Index Indicating Non-Manufacturing Sentiment in the US
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The ISM Non-Manufacturing Index (Composite) is an indicator used to assess economic activity in the non-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 the non-manufacturing sector, while a value below 50 indicates contraction. The ISM Non-Manufacturing Index consists of four major components: new orders, business activity, employment, and supplier deliveries. It is considered a leading indicator of the US economy.
This data serves as a reference for policymakers to evaluate trends in the non-manufacturing sector and formulate appropriate economic policies. It is also a crucial information source for businesses and investors to assess trends in non-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 | ||