ISM Manufacturing Employment Index

The Institute for Supply Management (ISM) Manufacturing Index shows business conditions in the US manufacturing sector, taking into account expectations for future production, new orders, inventories, employment and deliveries. It is a significant indicator of the overall economic condition in US. The ISM Manufacturing Employment Index represents business sentiment regarding labor market conditions and is considered a strong Non-Farm Payrolls leading indicator. A high reading is seen as positive for the USD, while a low reading is seen as negative.

Most recent - Monday 2 March 2026 15:00

Previous
48.1
Revised
-
Forecast
-
Actual
48.8

Trading range

Forecast history

The most recent announced value for ISM Manufacturing Employment Index was 48.8.

Past events

Date
Forecast
Actual
Monday 2 March 2026 15:00
-
48.8
Monday 2 February 2026 15:00
-
48.1
Monday 5 January 2026 15:00
-
44.9
Monday 1 December 2025 15:00
-
44
Monday 3 November 2025 15:00
-
46
Wednesday 1 October 2025 14:00
-
45.3
Tuesday 2 September 2025 14:00
-
43.8
Friday 1 August 2025 14:00
-
43.4
Tuesday 1 July 2025 14:00
47
45
Monday 2 June 2025 14:00
-
46.8
Thursday 1 May 2025 14:00
-
46.5
Tuesday 1 April 2025 14:00
-
44.7
Monday 3 March 2025 15:00
-
47.6
Monday 3 February 2025 15:00
-
50.3
Friday 3 January 2025 15:00
48
45.3
Monday 2 December 2024 15:00
-
48.1
Friday 1 November 2024 14:00
-
44.4
Tuesday 1 October 2024 14:00
47
43.9
Tuesday 3 September 2024 14:00
-
46
Thursday 1 August 2024 14:00
49
43.4
Monday 1 July 2024 14:00
50
49.3
Monday 3 June 2024 14:00
-
51.1
Wednesday 1 May 2024 14:00
-
48.6
Monday 1 April 2024 14:00
-
47.4
Friday 1 March 2024 15:00
-
45.9
Thursday 1 February 2024 15:00
-
47.1
Wednesday 3 January 2024 15:00
46.1
48.1
Friday 1 December 2023 15:00
-
45.8
Wednesday 1 November 2023 14:00
50.3
46.8
Monday 2 October 2023 14:00
48.3
51.2
Friday 1 September 2023 14:00
44.2
48.5
Tuesday 1 August 2023 14:00
48
44.4
Monday 3 July 2023 14:00
-
48.1
Thursday 1 June 2023 14:00
49.8
51.4
Monday 1 May 2023 14:00
47.9
50.2
Monday 3 April 2023 14:00
49.8
46.9

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next ISM Manufacturing Employment Index result:

PreviousLatest
ISM Services Employment IndexBullish change50.351.8
ISM Services New Orders IndexBullish change53.158.6
ISM Services PMIBullish change53.856.1
ISM Services Prices PaidBearish change66.663
S&P Global Composite PMIBearish change52.351.9
ADP Employment ChangeBullish change11K63K
ISM Manufacturing New Orders IndexBearish change57.155.8
ISM Manufacturing PMIBearish change52.652.4
ISM Manufacturing Prices PaidBullish change5970.5
Chicago PMIBullish change5457.7
Producer Price Index (MoM)Bullish change0.4%0.5%
Producer Price Index (YoY)Bearish change3%2.9%
Producer Price Index ex Food & Energy (MoM)Bullish change0.6%0.8%
Producer Price Index ex Food & Energy (YoY)Bullish change3.3%3.6%
Initial Jobless ClaimsBearish change208K212K
Housing Price Index (MoM)Bearish change0.7%0.1%
ADP Employment Change 4-week averageBullish change11.5K12.8K
Factory Orders (MoM)Bearish change2.7%-0.7%
New Home Sales Change (MoM)Bearish change15.5%-1.7%
New Home Sales Change (MoM)Bullish change-8.8%15.5%
Michigan Consumer Expectations Index(no change)56.656.6
Michigan Consumer Sentiment IndexBearish change57.356.6
UoM 1-year Consumer Inflation ExpectationsBearish change3.5%3.4%
UoM 5-year Consumer Inflation ExpectationBearish change3.4%3.3%
S&P Global Composite PMIBearish change5352.3
S&P Global Manufacturing PMIBearish change52.451.2
S&P Global Services PMIBearish change52.752.3
Core Personal Consumption Expenditures (QoQ)Bearish change2.9%2.7%
Gross Domestic Product AnnualizedBearish change4.4%1.4%
Gross Domestic Product Price Index(no change)3.7%3.7%
Personal Consumption Expenditures Prices (QoQ)Bullish change2.8%2.9%
Core Personal Consumption Expenditures - Price Index (MoM)Bullish change0.2%0.4%
Core Personal Consumption Expenditures - Price Index (YoY)Bullish change2.8%3%
Personal Consumption Expenditures - Price Index (MoM)Bullish change0.2%0.4%
Personal Consumption Expenditures - Price Index (YoY)Bullish change2.8%2.9%
Personal Income (MoM)Bearish change0.4%0.3%
Personal Spending(no change)0.4%0.4%
Pending Home Sales (MoM)Bullish change-7.4%-0.8%
Initial Jobless ClaimsBullish change229K206K
Philadelphia Fed Manufacturing SurveyBullish change12.616.3

About ISM Manufacturing Employment Index

Country:United States
Currency:USD
Source:Institute for Supply Management
Category:Labor Market
Frequency:Monthly
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