Tag: ism manufacturing

What is the ISM Manufacturing PMI Indicator

What is the ISM Manufacturing PMI Indicator

Economic Indicators
The Institute for Supply Management (ISM) releases a monthly economic report known as the ISM manufacturing Purchase Manager Index (PMI). The ISM manufacturing PMI for short is one of the leading economic indicators which give an early glimpse into the health of the manufacturing sector in the US. The ISM was formerly known as National Association of Purchasing Management (NAPM). The ISM has been conducting its survey since the end of World War II. In this article, you will learn what the ISM manufacturing PMI report is, what the components of the report are, how to read the ISM manufacturing PMI report and how it affects the markets. What is the ISM manufacturing PMI report? The ISM manufacturing PMI is an economic indicator that reports the economic health of the manufacturing secto...