Investing.com | Feb 03, 2017
The Institute of Supply Management (ISM) Manufacturing Purchasing Managers Index (PMI) Report on Business is based on data compiled from monthly replies to questions asked of purchasing and supply executives in over 400 industrial companies.
The employment subcomponent is a diffusion index relating to corporate hiring plans. A reading above fifty suggests the on net, manufacturing companies are planning to add labour. While a reading below fifty suggests that more manufacturing companies are looking to reduce labour. The employment sub-index accounts for 20% of the overall ISM manufacturing Index.
A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.
|Dec 01, 2020 (Nov)||53.2|
|Nov 02, 2020 (Oct)||53.2||49.6|
|Oct 01, 2020 (Sep)||49.6||45.8||46.4|
|Sep 01, 2020 (Aug)||46.4||45.8||44.3|
|Aug 03, 2020 (Jul)||44.3||48.3||42.1|
|Jul 01, 2020 (Jun)||42.1||43.0||32.1|
Investing.com | Feb 03, 2017
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