The ISM Non-Manufacturing Report On Business is based on information gathered from purchasing and supply executives around the country. If there has been a change in the current month compared to the prior month, the results of the survey reflect this. This report provides the percentage of respondents reporting each response (Business Activity, New Orders, Backlog of Orders, New Export Orders, Inventory Change, Inventory Sentiment, Imports, Prices, Employment, and Supplier Deliveries) and the diffusion index for each indicator measured. An index reading greater than 50 percent suggests that the non-manufacturing economy in that index is generally growing; a reading less than 50 percent implies that it is generally decreasing. Orders to service producers account for approximately 90% of the US economy.
A higher than expected figure should be seen as positive (bullish) for the USD while a lower than expected figure should be seen as negative (bearish) for the USD.
Source: Institute for Supply Management
Category: ISM Non Manufacturing New Orders
Units: Points
A higher than expected figure should be seen as positive (bullish) for the USD while a lower than expected figure should be seen as negative (bearish) for the USD.
Source: Institute for Supply Management
Category: ISM Non Manufacturing New Orders
Units: Points
