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United States Institute for Supply Management (ISM) Manufacturing New Orders

Price

45.4 Points
Change +/-
-3.7 Points
Percentage Change
-7.83 %

The current value of the Institute for Supply Management (ISM) Manufacturing New Orders in United States is 45.4 Points. The Institute for Supply Management (ISM) Manufacturing New Orders in United States decreased to 45.4 Points on 5/1/2024, after it was 49.1 Points on 4/1/2024. From 1/1/1950 to 6/1/2024, the average GDP in United States was 55.53 Points. The all-time high was reached on 6/1/1950 with 82.6 Points, while the lowest value was recorded on 6/1/1980 with 24.2 Points.

Source: Institute for Supply Management

Institute for Supply Management (ISM) Manufacturing New Orders

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

ISM New Orders Manufacturing

Institute for Supply Management (ISM) Manufacturing New Orders History

DateValue
5/1/202445.4 Points
4/1/202449.1 Points
3/1/202451.4 Points
2/1/202449.2 Points
1/1/202452.5 Points
12/1/202347 Points
11/1/202347.8 Points
10/1/202345.5 Points
9/1/202349.2 Points
8/1/202346.8 Points
1
2
3
4
5
...
90

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The Manufacturing ISM Report On Business is based on data compiled from purchasing and supply executives across the country. Survey responses reflect any changes in the current month compared to the previous month. For each of the measured indicators—New Orders, Backlog of Orders, New Export Orders, Imports, Production, Supplier Deliveries, Inventories, Customers' Inventories, Employment, and Prices—the report presents the percentage of each response, the net difference between positive and negative economic responses, and the diffusion index. A PMI reading above 50 percent signifies that the manufacturing economy is generally expanding, while a reading below 50 percent indicates a decline.

What is Institute for Supply Management (ISM) Manufacturing New Orders?

ISM Manufacturing New Orders is a critically important macroeconomic indicator that offers valuable insights into the state of the manufacturing sector within the United States. As a professional website dedicated to displaying macroeconomic data, Eulerpool recognizes the pivotal role of this metric in providing a nuanced understanding of economic health. The Institute for Supply Management (ISM) publishes this indicator monthly, and it specifically measures new orders for manufactured goods, which are a leading indicator of manufacturing activity and an essential component of the ISM Manufacturing PMI (Purchasing Managers Index). The ISM Manufacturing New Orders Index is derived from a survey of purchasing and supply executives across diverse manufacturing industries. These executives are queried regarding their current and future expectations for new orders. The responses are then computed into an index number where readings above 50 signal expansion in new orders while readings below 50 indicate contraction. As such, this indicator not only reflects the immediate state of new orders but also serves as a predictive gauge for future manufacturing output, employment, and inventory levels. The importance of ISM Manufacturing New Orders lies in its ability to forecast changes in the broader economy. When manufacturers receive more new orders, it often leads to increased production activity. This, in turn, can drive up demand for raw materials, encourage expansion endeavors, and potentially stimulate job creation within the sector. Consequently, an uptick in new orders typically signals a strengthening economy and can influence business investment and consumer confidence positively. Conversely, a decline in new orders may indicate economic slowdowns, reduced production activity, and potential job cuts, thereby sparking concerns about broader economic health. This metric is especially valuable to various stakeholders, including policymakers, economists, investors, and businesses. Policymakers, for example, use the ISM Manufacturing New Orders data to inform decisions related to monetary policy. Central banks might adjust interest rates or deploy other monetary tools based on trends highlighted by this indicator. For economists, the data serves as a crucial input in economic models and forecasts, providing a closer look at the manufacturing sector's health and its contribution to Gross Domestic Product (GDP) growth. For investors, the ISM Manufacturing New Orders serves as a barometer for corporate earnings potentials within the manufacturing sector, guiding investment decisions and portfolio adjustments. Moreover, the indicator is vital for manufacturing businesses themselves. Understanding trends in new orders helps companies manage their supply chains more effectively, optimize inventory levels, and make informed production planning decisions. Manufacturers can anticipate demand fluctuations and respond proactively to market trends, which is critical for maintaining competitiveness and operational efficiency. Historical analysis of ISM Manufacturing New Orders data can reveal cyclical trends and long-term shifts in the manufacturing sector. For example, periods of economic expansion generally see a consistent rise in new orders, while economic recessions are often marked by significant contractions. By analyzing historical patterns, stakeholders can better contextualize current data and anticipate future economic conditions. In recent years, the manufacturing sector has faced multiple challenges, from global supply chain disruptions to trade tensions and technological shifts. The ISM Manufacturing New Orders index has mirrored these fluctuations, providing real-time insights into how these factors are impacting new orders and, by extension, overall manufacturing activity. Whether monitoring the effects of tariffs, adapting to shifts in consumer demand due to technological advancements, or navigating the complexities arising from global events such as the COVID-19 pandemic, this indicator offers critical data-driven insights. It's also worth noting that while the ISM Manufacturing New Orders index provides an invaluable snapshot of the state and trajectory of the manufacturing sector, it works best when complemented by other economic indicators. For a holistic view of economic conditions, it should be analyzed alongside related metrics such as the ISM Manufacturing PMI, employment figures, inventory levels, and raw material prices. By considering a comprehensive set of economic indicators, stakeholders can gain a more accurate, nuanced understanding of the macroeconomic landscape. Moreover, regional variations in manufacturing activity can also impact the ISM Manufacturing New Orders Index. Different regions specialize in different types of manufacturing, and factors such as local economic policies, availability of skilled labor, and infrastructure can influence the volume of new orders. Consequently, regional analysis may also be necessary for businesses and policymakers to tailor their strategies and responses to the specific economic conditions of each region. In conclusion, the ISM Manufacturing New Orders is a pivotal economic indicator that offers essential insights into the health and direction of the manufacturing sector and the broader economy. At Eulerpool, we endeavor to provide users with comprehensive, accurate, and up-to-date macroeconomic data, including the ISM Manufacturing New Orders, to inform their decisions and strategies. By understanding this indicator, stakeholders can navigate economic uncertainties with greater confidence and make informed decisions that drive growth and stability.