ISM Manufacturing New Order IndexMacro Monday (6)
United States ISM Manufacturing New Order Index - ECONOMICS:USMNO
This week I have honed in on the Institute of Supply Management Manufacturing New Orders Index (ISM New Orders Index) as it is the largest component of the headline Purchaser Managers Index(PMI) making up 30% of
Key data points
Last release
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Observation period
Mar 2025
Next release
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Forecast
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Highest
82.60 POINT on Jun 30, 1950
Lowest
24.20 POINT on Jun 30, 1980
About United States ISM Manufacturing New Orders
The Manufacturing ISM Report On Business is based on data compiled from purchasing and supply executives nationwide. Survey responses reflect the change, if any, in the current month compared to the previous month. For each of the indicators measured (New Orders, Backlog of Orders, New Export Orders, Imports, Production, Supplier Deliveries, Inventories, Customers' Inventories, Employment and Prices), the report shows the percentage reporting each response, the net difference between the number of responses in the positive economic direction and the negative economic direction, and the diffusion index. A PMI reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally declining.
ISM New Orders vs Consumer SentimentISM New Orders Vs Michigan Consumer Sentiment index
ISM New orders provide an indication of current consumer demand. Utilising a chart of New Orders readings we can attempt to understand the trend of consumer demand forward. ISM New Orders could be considered an additional gauge of consumer sentim
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