The typical/expected impact on USD pairs is medium.
The consensus forecast for ISM Manufacturing Employment Index is 49. A higher value than forecast tends to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
The most recent announced value for ISM Manufacturing Employment Index was 48.7.
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:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Housing Price Index (MoM) | Bearish change | 0.2% | 0% | ||
| ADP Employment Change 4-week average | Bearish change | 40.25K | 39.25K | ||
| Michigan Consumer Expectations Index | Bullish change | 46.1 | 48.1 | ||
| Michigan Consumer Sentiment Index | Bullish change | 47.6 | 49.8 | ||
| UoM 1-year Consumer Inflation Expectations | Bearish change | 4.8% | 4.7% | ||
| UoM 5-year Consumer Inflation Expectation | Bullish change | 3.4% | 3.5% | ||
| S&P Global Composite PMI | Bullish change | 50.3 | 52 | ||
| S&P Global Manufacturing PMI | Bullish change | 52.3 | 54 | ||
| S&P Global Services PMI | Bullish change | 49.8 | 51.3 | ||
| Initial Jobless Claims | Bearish change | 208K | 214K | ||
| Pending Home Sales (MoM) | Bearish change | 2.5% | 1.5% | ||
| Retail Sales (MoM) | Bullish change | 0.7% | 1.7% | ||
| Retail Sales Control Group | Bullish change | 0.6% | 0.7% | ||
| Retail Sales ex Autos (MoM) | Bullish change | 0.7% | 1.9% | ||
| ADP Employment Change 4-week average | Bullish change | 39K | 54.8K | ||
| Industrial Production (MoM) | Bearish change | 0.7% | -0.5% | ||
| Initial Jobless Claims | Bullish change | 218K | 207K | ||
| Philadelphia Fed Manufacturing Survey | Bullish change | 18.1 | 26.7 | ||
| NY Empire State Manufacturing Index | Bullish change | -0.2 | 11 |
| Country: | United States |
|---|---|
| Currency: | USD |
| Source: | Institute for Supply Management |
| Category: | Labor Market |
| Frequency: | Monthly |