ISM Services New Orders Index

The ISM Non-Manufacturing PMI released by the Institute for Supply Management (ISM) shows business conditions in the US non-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 the US. The ISM Services New Orders Index represents business sentiment regarding future market conditions. A result above 50 is positive (or bullish) for the USD.

Most recent - Tuesday 5 November 2024 15:00

Previous
59.4
Revised
-
Forecast
-
Actual
57.4

Next event - Thursday 5 December 2024 15:00

Previous
-
Forecast
-
Actual
-

The typical/expected impact on USD pairs is medium.

There is no forecast value for ISM Services New Orders Index yet - check back for updates.

Trading range

Forecast history

The most recent announced value for ISM Services New Orders Index was 57.4.

Past events

Date
Forecast
Actual
Tuesday 5 November 2024 15:00
-
57.4
Thursday 3 October 2024 14:00
-
59.4
Thursday 5 September 2024 14:00
-
53
Monday 5 August 2024 14:00
-
52.4
Wednesday 3 July 2024 14:00
-
47.3
Wednesday 5 June 2024 14:00
-
54.1
Friday 3 May 2024 14:00
-
52.2
Wednesday 3 April 2024 14:00
-
54.4
Tuesday 5 March 2024 15:00
-
56.1
Monday 5 February 2024 15:00
-
55
Friday 5 January 2024 15:00
-
52.8
Tuesday 5 December 2023 15:00
-
55.5
Friday 3 November 2023 14:00
-
55.5
Wednesday 4 October 2023 14:00
-
51.8
Wednesday 6 September 2023 14:00
-
57.5
Thursday 3 August 2023 14:00
55.6
55
Thursday 6 July 2023 14:00
55.9
55.5
Monday 5 June 2023 14:00
56.5
52.9
Wednesday 3 May 2023 14:00
57
56.1
Wednesday 5 April 2023 14:00
57.6
52.2
Friday 3 March 2023 15:00
58.5
62.6
Friday 3 February 2023 15:00
57.6
60.4
Friday 6 January 2023 15:00
58.5
45.2
Monday 5 December 2022 15:00
58.5
56
Thursday 3 November 2022 14:00
58.8
56.5
Wednesday 5 October 2022 14:00
58.9
60.6
Tuesday 6 September 2022 14:00
57
61.8
Wednesday 3 August 2022 14:00
60.5
59.9
Wednesday 6 July 2022 14:00
62.1
55.6
Friday 3 June 2022 14:00
63.4
57.6
Wednesday 4 May 2022 14:00
64.3
54.6
Tuesday 5 April 2022 14:00
64.9
60.1
Thursday 3 March 2022 15:00
65.4
56.1
Thursday 3 February 2022 15:00
65.3
61.7
Thursday 6 January 2022 15:00
65
61.5
Friday 3 December 2021 15:00
64
69.7

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next ISM Services New Orders Index result:

PreviousLatest
Core Personal Consumption Expenditures - Price Index (MoM)(no change)0.3%0.3%
Core Personal Consumption Expenditures - Price Index (YoY)Bullish change2.7%2.8%
Personal Consumption Expenditures - Price Index (MoM)(no change)0.2%0.2%
Personal Consumption Expenditures - Price Index (YoY)Bullish change2.1%2.3%
Personal Income (MoM)Bullish change0.3%0.6%
Personal SpendingBearish change0.6%0.4%
Pending Home Sales (MoM)Bearish change7.5%2%
Chicago Purchasing Managers' IndexBearish change41.640.2
Core Personal Consumption Expenditures (QoQ)Bearish change2.2%2.1%
Durable Goods OrdersBullish change-0.4%0.2%
Durable Goods Orders ex DefenseBullish change-0.9%0.4%
Durable Goods Orders ex TransportationBearish change0.4%0.1%
Gross Domestic Product Annualized(no change)2.8%2.8%
Gross Domestic Product Price IndexBullish change1.8%1.9%
Nondefense Capital Goods Orders ex AircraftBearish change0.3%-0.2%
Personal Consumption Expenditures Prices (QoQ)(no change)1.5%1.5%
Initial Jobless ClaimsBullish change215K213K
New Home Sales Change (MoM)Bearish change7%-17.3%
Housing Price Index (MoM)Bullish change0.4%0.7%
Michigan Consumer Sentiment IndexBearish change7371.8
UoM 5-year Consumer Inflation ExpectationBullish change3.1%3.2%
S&P Global Composite PMIBullish change54.155.3
S&P Global Manufacturing PMIBullish change48.548.8
S&P Global Services PMIBullish change5557
Existing Home Sales Change (MoM)Bullish change-1.3%3.4%
Initial Jobless ClaimsBullish change219K213K
Philadelphia Fed Manufacturing SurveyBearish change10.3-5.5
Building Permits (MoM)Bearish change1.425M-0.6M
Housing Starts (MoM)Bearish change1.353M1.311M
Industrial Production (MoM)Bullish change-0.5%-0.3%
NY Empire State Manufacturing IndexBullish change-11.931.2
Retail Sales (MoM)Bearish change0.8%0.4%
Retail Sales Control GroupBearish change1.2%-0.1%
Retail Sales ex Autos (MoM)Bearish change1%0.1%
Initial Jobless ClaimsBullish change221K217K
Producer Price Index (MoM)Bullish change0.1%0.2%
Producer Price Index (YoY)Bullish change1.9%2.4%
Producer Price Index ex Food & Energy (MoM)Bullish change0.2%0.3%
Producer Price Index ex Food & Energy (YoY)Bullish change2.9%3.1%

About ISM Services New Orders Index

Country:United States
Currency:USD
Source:Institute for Supply Management
Category:Economic Activity
Frequency:Monthly

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