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Economics

ISM

Institute for Supply Management — publishes US manufacturing and services PMI surveys.

In depth

ISM Manufacturing PMI is one of the most-watched US economic indicators. New orders, employment, and prices-paid sub-indices provide forward-looking insights. ISM below 48 has historically signaled recession risk.

Frequently asked about ISM

What is ISM?

Institute for Supply Management — publishes US manufacturing and services PMI surveys. ISM Manufacturing PMI is one of the most-watched US economic indicators. New orders, employment, and prices-paid sub-indices provide forward-looking insights. ISM below 48 has historically signaled recession risk.

Why does ISM matter for investors?

In economics, ISM is one of the building blocks investors use to compare opportunities and assess risk. Understanding it helps you read research notes, earnings reports, and market commentary without getting lost in jargon.

How is ISM used in practice?

ISM Manufacturing PMI is one of the most-watched US economic indicators. New orders, employment, and prices-paid sub-indices provide forward-looking insights.

Recent news mentioning ISM

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