Tradingvestor.com
Manufacturing | Economic Reports
ISM Manufacturing Index
.A monthly index based on a survey of more than 300 manufacturing firms by the Institute of Supply Management. The ISM Mfg Index is the first read we get on the economy at the start of each month.
Big Chart
Release Schedule
Today's Week
ECONOMIC REPORTS
   
   
   
   
   
   
   
   
   
   
   
MARKET CORRELATION
   
   
   
ISM - Industrial - Durable - Empire State - PMI - Factory - Compare
ISM
         
No MANUFACTURING - ECONOMIC REPORTS
 
6
Chart
Description
Dates
Frequency
Chart
Importance
Rev
 
  First read we get on the economy
Monthly
 
  Indicates trends in the mfg sector.
Monthly
 
  Goods lifespan for three years or more
Monthly
 
  NY State's Manufacturing Sector
Monthly
 
  IHS Markit US Manufacturing Index
Monthly
 
  Measures Dollar Volume of New Orders
Monthly
 
    Compare   Reports Explain Today's Week
Top of Page
       
Tradingvestor.com   Release Schedule 2021 USA ISM Manufacturing Index Economics   Manufacturing
ISM Manufacturing Index
SCHEDULE 2021
No 1
No 2
No 3
No 4
No 5
No 6
No 7
No 8
No 9
No 10
No 11
No 12
Released Date:
Released Week:
Released Day:
Prior:
00.
60.7
58.7
                 
Prior Revised:
No
60.5
No
                 
CONSENSUS::
00.
60.0
58.9
                 
Consensus Low:
00.
59.0
57.5
                 
Consensus High:
00.
61.5
59.5
                 
PMI LEVEL:
60.7
58.7
60.8
                 
Index 50 Level:
Expand
Expand
Expand
   
Contract
           
RATING
Positive View
Negative View
Positive View
Neutral View
Neutral View
Neutral View
Neutral View
Neutral View
Neutral View
Neutral View
Neutral View
Neutral View
Release For:
Dec-21
Jan-21
Feb-21
Mar-21
Apr-21
May-21
Jun-21
Jul-21
Aug-21
Sep-21
Oct-21
Nov-21
  Tradingvestor Legends: Positive View Positive View Negative View Negative View Neutral View Neutral View N/A Non Available Reports Explain Reports Today's Week
         
Top of Page
       
Tradingvestor.com   Release Schedule 2021 USA ISM Manufacturing Index Economics   Manufacturing
         
ISM MANUFACTURING INDEX- CHART 1948 TO PRESENT
ISM Manufacturing Index

         
 
STATISTICS ISM MANUFACTURING INDEX
ALL TIME HIGH 77.5 Level on July 1950.
ALL TIME LOW 29.4 Level on May 1980.
AVERAGE 52.9 Level on all series.
LOW SUBPRIME CRISIS 33.1 Level on Decenber 2008.
LOW COVID-19 41.5 Level on April 2020.
REVISIONS nnn
IMPORTANCE nnn
         
Top of Page
       
Tradingvestor.com   Explanations USA ISM Manufacturing Index Economics   Manufacturing
     
PMI Index

What is the ISM Mfg Index?

The Manufacturing ISM Report On Business and the Non-Manufacturing ISM Report On Business gather data on a monthly basis through surveys of supply management professionals participating in the Business Survey Committee.

The make-up of this committee is determined by industry category and is based on each industry's contribution to Gross Domestic Product.

The
Institute of Supply Chain Management sends out surveys every month based on the following 10 subindices:

  1. New Orders
  2. Production
  3. Employment
  4. Supplier Deliveries
  5. Inventories
  6. Customers' Inventories
  7. Prices
  8. Backlog of Orders
  9. Exports
  10. Imports

The production index is used to help predict industrial production.

The prices index is used to help predict the Producer Price Index.

The new orders index is used to help predict factory orders.

The employment index is used to help predict manufacturing employment.

The supplier deliveries index is a component of the leading economic indicators index.

 
ISM MANUFACTURING INDEX

How to interpret the Chart?
Generally, an ISM value of 50 is considered neutral, a value of over 50 points as an expansion of the manufacturing sector and a value of less than 50 points a decline in industrial production views. In other words, a ISM Manufacturing Index above 50% indicates that the manufacturing economy is generally expanding; below 50% that it is generally declining. Any level below 43 indicates that the economy is in recession.

Stock Market Impact
When this index is increasing, investors can assume that the stock markets should increase because of higher corporate profits. New orders, the most important detail in the report.

Bond Market Impact
The opposite can be thought of the bond markets, which may decrease as the ISM Manufacturing Index increases because of sensitivity to potential inflation.

Why Investors should follow this report
By monitoring the ISM Manufacturing Index, investors are able to better understand national economic conditions.

Revisions
The ISM manufacturing index is available very early in the month and not subject to revision. The ISM Mfg index is a big mood-setter for the market and has an average lead before the actual industrial production three to six months.

Seasonal Adjustment
The ISM Mfg index is Seasonally Adjusted so the values of neighboring months are usually easier to compare. When seasonal adjustment is not done with monthly data, year-on-year changes are utilised in an attempt to avoid contamination with seasonality.

Manufacturing Category
This report has a big influence on the markets by providing important data to the Manufacturing Sector which is a major source of cyclical variability in the economy.

For example: A wider gap between New Orders and Inventories is a decent leading indicator for further production gains.

Market Importance
High. Nearly always moves markets. Extremely timely -- and this is the king of all manufacturing indices. Considered the single best snapshot of the condition of the factory sector.

A limitation of the survey is that it doesn't include any questions on wages, which is an important component of overall costs.


The survey is sent towards the people who have the power to buy stuff and hire people so they have to answer a few simple questions.

How to Invest in Manufaturing?

The following ETFs give ample exposure to other companies which are likely to reap the benefits of increased manufacturing

1) iShares Dow Jones US Industrials (IYJ)
2) Industrials SPDR (XLI)

         
Top of Page
         
Related Links
Durable Goods Orders  
  Empire State Index  
  Leading Indicators  
  Factory Orders  
  ISM Non Manufacturing Index  
  GDP  
  Global View  
  Today's Week  
DATA INFORMATION ISM MANUFACTURING INDEX
SOURCE Institute for Supply Management.
WEB www.ism.ws
FREQUENCY Monthly
AVAILABILITY The first business day of the month.
COVERAGE Data are for the previous month. Data for June are released in July.
REVISIONS Yes
IMPORTANCE Manufacturing - Very Important
         
Top of Page
         
Global Vision
GLOBAL VISION
Reports View ETFs
Markets
Signals
ECONOMICS
Stocks
Futures
Fibonacci
Portfolio
CALENDAR
Research
Weekly
S&P 500
Education
PERFORMANCE
Trading
Investing
Slides
Log-in
LOG-IN
Register
Member
Today's
About
ABOUT
Contact
Help
FAQs
 
Disclaimer | Privacy Policy | Risk Disclosure | Site Map | Help | Register | Contact us | Home
All Rights Reserved | www.tradingvestor.com | © Copyright 2006 - 2020
Discipline - Confidence - Patience
 
Tradingvestor.com
  You can follow us at: Twitter   Facebook