ISM Manufacturing Employment Index

The Institute for Supply Management (ISM) Manufacturing Index shows business conditions in the US manufacturing sector, taking into account expectations for future production, new orders, inventories, employment and deliveries. It is a significant indicator of the overall economic condition in US. The ISM Manufacturing Employment Index represents business sentiment regarding labor market conditions and is considered a strong Non-Farm Payrolls leading indicator. A high reading is seen as positive for the USD, while a low reading is seen as negative.

Most recent - Monday 5 January 2026 15:00

Previous
44
Revised
-
Forecast
-
Actual
44.9

Next event - Monday 2 February 2026 15:00

Previous
-
Forecast
-
Actual
-

The typical/expected impact on USD pairs is medium.

There is no forecast value for ISM Manufacturing Employment Index yet - check back for updates.

Trading range

Forecast history

The most recent announced value for ISM Manufacturing Employment Index was 44.9.

Past events

Date
Forecast
Actual
Monday 5 January 2026 15:00
-
44.9
Monday 1 December 2025 15:00
-
44
Monday 3 November 2025 15:00
-
46
Wednesday 1 October 2025 14:00
-
45.3
Tuesday 2 September 2025 14:00
-
43.8
Friday 1 August 2025 14:00
-
43.4
Tuesday 1 July 2025 14:00
47
45
Monday 2 June 2025 14:00
-
46.8
Thursday 1 May 2025 14:00
-
46.5
Tuesday 1 April 2025 14:00
-
44.7
Monday 3 March 2025 15:00
-
47.6
Monday 3 February 2025 15:00
-
50.3
Friday 3 January 2025 15:00
48
45.3
Monday 2 December 2024 15:00
-
48.1
Friday 1 November 2024 14:00
-
44.4
Tuesday 1 October 2024 14:00
47
43.9
Tuesday 3 September 2024 14:00
-
46
Thursday 1 August 2024 14:00
49
43.4
Monday 1 July 2024 14:00
50
49.3
Monday 3 June 2024 14:00
-
51.1
Wednesday 1 May 2024 14:00
-
48.6
Monday 1 April 2024 14:00
-
47.4
Friday 1 March 2024 15:00
-
45.9
Thursday 1 February 2024 15:00
-
47.1
Wednesday 3 January 2024 15:00
46.1
48.1
Friday 1 December 2023 15:00
-
45.8
Wednesday 1 November 2023 14:00
50.3
46.8
Monday 2 October 2023 14:00
48.3
51.2
Friday 1 September 2023 14:00
44.2
48.5
Tuesday 1 August 2023 14:00
48
44.4
Monday 3 July 2023 14:00
-
48.1
Thursday 1 June 2023 14:00
49.8
51.4
Monday 1 May 2023 14:00
47.9
50.2
Monday 3 April 2023 14:00
49.8
46.9
Wednesday 1 March 2023 15:00
51
49.1
Wednesday 1 February 2023 15:00
49
50.6

Economic context

Recent economic data has been moderately bullish for USD. Other recent announcements which may affect the market's interpretation of the next ISM Manufacturing Employment Index result:

PreviousLatest
Factory Orders (MoM)Bearish change0.2%-1.3%
ISM Services Employment IndexBullish change48.952
ISM Services New Orders IndexBullish change52.957.9
ISM Services PMIBullish change52.654.4
ISM Services Prices PaidBearish change65.464.3
JOLTS Job OpeningsBearish change7.449M7.146M
ADP Employment ChangeBullish change-29K41K
S&P Global Composite PMIBearish change5352.7
ISM Manufacturing New Orders IndexBullish change47.447.7
ISM Manufacturing PMIBearish change48.247.9
ISM Manufacturing Prices Paid(no change)58.558.5
Initial Jobless ClaimsBullish change215K199K
Chicago PMIBullish change36.343.5
Housing Price Index (MoM)Bullish change-0.1%0.4%
Pending Home Sales (MoM)Bullish change2.4%3.3%

About ISM Manufacturing Employment Index

Country:United States
Currency:USD
Source:Institute for Supply Management
Category:Labor Market
Frequency:Monthly
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