ISM Manufacturing New Orders Index

Indicator History

History of Event Dates
Event Date Time For
Period		 Currency Actual Forecast
What is this indicator?

The ISM Manufacturing New Orders Index is a key economic indicator that measures the level of new orders placed with manufacturers in the US. The index is calculated based on a monthly survey of purchasing and supply executives across various industries, and is reported as a percentage of the total number of orders received by manufacturers.


Why is it important?

The ISM Manufacturing New Orders Index is important because it provides insights into the state of the manufacturing sector in the US, which is a critical component of the overall economy. A high level of new orders suggests that manufacturers are experiencing increased demand, which could indicate stronger economic growth and job creation. Conversely, a low level of new orders could suggest weaker demand and slower economic growth. The index can also provide valuable information about trends in specific industries and markets, as well as potential shifts in consumer preferences or economic conditions. By tracking the index over time, stakeholders can gain insights into the direction of the US economy and make informed decisions about investment, production, and hiring.

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