Lower numbers than forecast tend to be bullish for xxx/USD pairs and bearish for USD/xxx pairs.
The typical/expected impact on USD pairs is medium.
There is no forecast value for ISM Manufacturing Employment Index yet - check back for updates.
The most recent announced value for ISM Manufacturing Employment Index was 45 against a forecast of 47.
Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next ISM Manufacturing Employment Index result:
Previous | Latest | ||||
---|---|---|---|---|---|
Monthly Budget Statement | Bullish change | $-316B | $27B | ||
Initial Jobless Claims | Bullish change | 233K | 227K | ||
Factory Orders (MoM) | Bullish change | -3.9% | 8.2% | ||
ISM Services Employment Index | Bearish change | 50.7 | 47.2 | ||
ISM Services New Orders Index | Bullish change | 46.4 | 51.3 | ||
ISM Services PMI | Bullish change | 49.9 | 50.8 | ||
ISM Services Prices Paid | Bearish change | 68.7 | 67.5 | ||
S&P Global Composite PMI | Bullish change | 52.8 | 52.9 | ||
Average Hourly Earnings (YoY) | Bearish change | 3.8% | 3.7% | ||
Initial Jobless Claims | Bullish change | 237K | 233K | ||
Labor Force Participation Rate | Bearish change | 62.4% | 62.3% | ||
Nonfarm Payrolls | Bullish change | 144K | 147K | ||
U6 Underemployment Rate | Bullish change | 7.8% | 7.7% | ||
Unemployment Rate | Bullish change | 4.2% | 4.1% | ||
Average Hourly Earnings (MoM) | Bearish change | 0.4% | 0.2% | ||
ADP Employment Change | Bearish change | 29K | -33K | ||
Challenger Job Cuts | Bearish change | 93.816K | 47.999K | ||
ISM Manufacturing New Orders Index | Bearish change | 47.6 | 46.4 | ||
ISM Manufacturing PMI | Bullish change | 48.5 | 49 | ||
ISM Manufacturing Prices Paid | Bullish change | 69.4 | 69.7 | ||
JOLTS Job Openings | Bullish change | 7.395M | 7.769M | ||
Chicago PMI | Bearish change | 40.5 | 40.4 |
Country: | United States |
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Currency: | USD |
Source: | Institute for Supply Management |
Category: | Labor Market |
Frequency: | Monthly |