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United States Institute for Supply Management (ISM) Manufacturing Employment

Price

51.1 Points
Change +/-
+2.5 Points
Percentage Change
+5.02 %

The current value of the Institute for Supply Management (ISM) Manufacturing Employment in United States is 51.1 Points. The Institute for Supply Management (ISM) Manufacturing Employment in United States increased to 51.1 Points on 5/1/2024, after it was 48.6 Points on 4/1/2024. From 1/1/1950 to 6/1/2024, the average GDP in United States was 50.16 Points. The all-time high was reached on 2/1/1951 with 73.7 Points, while the lowest value was recorded on 5/1/1982 with 27.8 Points.

Source: Institute for Supply Management

Institute for Supply Management (ISM) Manufacturing Employment

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ISM Manufacturing Employment

Institute for Supply Management (ISM) Manufacturing Employment History

DateValue
5/1/202451.1 Points
4/1/202448.6 Points
3/1/202447.4 Points
2/1/202445.9 Points
1/1/202447.1 Points
12/1/202347.5 Points
11/1/202346.1 Points
10/1/202346.8 Points
9/1/202351.2 Points
8/1/202348.5 Points
1
2
3
4
5
...
90

Similar Macro Indicators to Institute for Supply Management (ISM) Manufacturing Employment

NameCurrentPreviousFrequency
🇺🇸
Automobile production
11.18 M Units11.73 M UnitsMonthly
🇺🇸
Bankruptcies
20,316 Companies18,926 CompaniesQuarter
🇺🇸
Business Climate
48.5 points48.7 pointsMonthly
🇺🇸
Business Inventories
0.5 %0.3 %Monthly
🇺🇸
Capacity Utilization
78.7 %78.2 %Monthly
🇺🇸
CFNAI Employment Index
0 points-0.05 pointsMonthly
🇺🇸
CFNAI Index for Personal Consumption and Housing
-0.02 points-0.02 pointsMonthly
🇺🇸
CFNAI Production Index
-0.28 %-0.02 %Monthly
🇺🇸
CFNAI Sales, Order, and Inventory Index
-0.02 %-0.01 %Monthly
🇺🇸
Changes in Inventory Levels
71.7 B USD17.7 B USDQuarter
🇺🇸
Chicago Fed National Activity Index
0.18 points-0.26 pointsMonthly
🇺🇸
Chicago PMI
46.1 points45.3 pointsMonthly
🇺🇸
Composite Leading Indicator
99.969 points99.991 pointsMonthly
🇺🇸
Composite PMI
54.4 points54.6 pointsMonthly
🇺🇸
Consistency Index
143.15 points142.9 pointsMonthly
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Corn Grain Reserves
4.993 B Bushels8.347 B BushelsQuarter
🇺🇸
Corporate profits
2.727 T USD2.803 T USDQuarter
🇺🇸
Dallas Fed Manufacturing Delivery Index
2.8 points-3 pointsMonthly
🇺🇸
Dallas Fed Manufacturing Employment Index
-2.9 points-5.3 pointsMonthly
🇺🇸
Dallas Fed Manufacturing Index
-15.1 points-19.4 pointsMonthly
🇺🇸
Dallas Fed Manufacturing Prices Paid Index
21.5 points20.4 pointsMonthly
🇺🇸
Dallas Fed Manufacturing Production Index
0.7 points-2.8 pointsMonthly
🇺🇸
Dallas Fed New Order Index
-1.3 points-2.2 pointsMonthly
🇺🇸
Dallas Fed Service Sector Revenue Index
7.7 points1.9 pointsMonthly
🇺🇸
Dallas Fed Services Index
-4.1 points-12.1 pointsMonthly
🇺🇸
Durable Goods Orders
0 %9.8 %Monthly
🇺🇸
Durable Goods Orders Excluding Defense
-0.2 %-0.5 %Monthly
🇺🇸
Durable Goods Orders Excluding Transportation
0.5 %-0.1 %Monthly
🇺🇸
Factory Orders
5 %-3.3 %Monthly
🇺🇸
Factory Orders Excluding Transportation
0.7 %0.4 %Monthly
🇺🇸
Grain Reserves Wheat
702 M Bushels1.087 B BushelsQuarter
🇺🇸
Industrial production
0.4 %-0.7 %Monthly
🇺🇸
Industrial Production MoM
0.9 %0 %Monthly
🇺🇸
ISM Manufacturing Backlog
43.6 points41.7 pointsMonthly
🇺🇸
ISM Manufacturing Deliveries
52.6 points49.8 pointsMonthly
🇺🇸
ISM Manufacturing Inventory Levels
50.3 points44.5 pointsMonthly
🇺🇸
ISM Manufacturing Prices
52.1 points57 pointsMonthly
🇺🇸
ISM Manufacturing Production
45.9 points48.5 pointsMonthly
🇺🇸
ISM New Orders Manufacturing
49.3 points45.4 pointsMonthly
🇺🇸
ISM New Orders Non-Manufacturing
54.1 points52.2 pointsMonthly
🇺🇸
ISM Non-Manufacturing Business Activity
53.3 points54.5 pointsMonthly
🇺🇸
ISM Non-Manufacturing Employment
47.1 points45.9 pointsMonthly
🇺🇸
ISM Non-Manufacturing Prices
58.1 points59.2 pointsMonthly
🇺🇸
Kansas Fed Composite Index
-8 points-2 pointsMonthly
🇺🇸
Kansas Fed Employment Index
-7 points-12 pointsMonthly
🇺🇸
Kansas Fed Manufacturing Index
-11 points-1 pointsMonthly
🇺🇸
Kansas Fed Manufacturing Index
-13 points-6 pointsMonthly
🇺🇸
Kansas Fed Manufacturing Index
-1 points-18 pointsMonthly
🇺🇸
Kansas Fed Paid Prices Index
19 points18 pointsMonthly
🇺🇸
Leading Indicator
101.2 points101.7 pointsMonthly
🇺🇸
LMI Logistics Manager Index Future
66.1 points65.5 pointsMonthly
🇺🇸
LMI Storage Costs
63.6 points65.2 pointsMonthly
🇺🇸
LMI Transport Prices
61 points57.8 pointsMonthly
🇺🇸
LMI Warehouse Prices
64.5 points64.9 pointsMonthly
🇺🇸
LMI-Logistics Manager Index
56.5 points55.3 pointsMonthly
🇺🇸
Manufacturing PMI
51.6 points51.3 pointsMonthly
🇺🇸
Manufacturing Production
0.2 %-0.7 %Monthly
🇺🇸
Manufacturing Production MoM
0.9 %-0.4 %Monthly
🇺🇸
Mining Production
0.1 %-1.1 %Monthly
🇺🇸
New Orders
592.14 B USD563.972 B USDMonthly
🇺🇸
NFIB Business Optimism Index
90.5 points89.7 pointsMonthly
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NY Empire State Employment Index
-8.7 points-6.4 pointsMonthly
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NY Empire State Manufacturing Index
-6 points-15.6 pointsMonthly
🇺🇸
NY Empire State Manufacturing Index
-1 points-16.5 pointsMonthly
🇺🇸
NY Empire State Manufacturing Index
3.3 points-1.2 pointsMonthly
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NY Empire State Prices Paid Index
23.2 points23.4 pointsMonthly
🇺🇸
Orders for Capital Goods Excluding Defense and Aircraft
1 %-0.9 %Monthly
🇺🇸
Philadelphia Fed Manufacturing Index
1.3 points4.5 pointsMonthly
🇺🇸
Philly Fed Business Climate
15.8 points15.4 pointsMonthly
🇺🇸
Philly Fed CAPEX Index
12.1 points20.1 pointsMonthly
🇺🇸
Philly Fed Employment
-2.5 points-7.9 pointsMonthly
🇺🇸
Philly Fed New Orders
-2.2 points-7.9 pointsMonthly
🇺🇸
Philly Fed Prices Paid
22.5 points18.7 pointsMonthly
🇺🇸
PMI Non-Manufacturing Sector
53.8 points49.4 pointsMonthly
🇺🇸
Retail Inventory Excluding Autos
0.4 %0.5 %Monthly
🇺🇸
Richmond Fed Manufacturing Index
-10 points0 pointsMonthly
🇺🇸
Richmond Fed Manufacturing Shipments
-9 points13 pointsMonthly
🇺🇸
Richmond Fed Services Index
-1 points-11 pointsMonthly
🇺🇸
Services PMI
55.1 points54.8 pointsMonthly
🇺🇸
Soybean Grain Reserves
969 M Bushels1.845 B BushelsQuarter
🇺🇸
Steel production
7 M Tonnes6.9 M TonnesMonthly
🇺🇸
Total Vehicle Sales
15.13 M 15.82 M Monthly
🇺🇸
Vehicle Registrations
279,800 261,300 Monthly
🇺🇸
Wholesale Inventory Levels
0.6 %0.2 %Monthly

The Manufacturing ISM Report on Business is derived from data collected from purchasing and supply executives nationwide. Survey responses reflect any changes within the current month compared to the previous month. For each measured indicator (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 type, the net difference between the number of positive and negative economic responses, and the diffusion index. A PMI reading above 50 percent suggests general expansion in the manufacturing economy, while a reading below 50 percent indicates a general decline.

What is Institute for Supply Management (ISM) Manufacturing Employment?

At Eulerpool, we pride ourselves on providing comprehensive and reliable macroeconomic data to our users, ensuring that they are well-informed and equipped to make data-driven decisions. One such critical indicator that we meticulously track and present within our platform is the ISM Manufacturing Employment Index. This powerful metric offers vital insights into the employment trends within the U.S. manufacturing sector, an area that holds significant implications for the broader economy. The Institute for Supply Management (ISM), a respected organization that has been at the forefront of supply chain management and operational excellence since 1915, publishes the ISM Manufacturing Employment Index monthly. This index is an integral part of the broader ISM Manufacturing Report on Business. Understanding this index requires an appreciation of how it fits within the complex tapestry of macroeconomic indicators and its impact on financial markets, business strategies, and economic policy. At its core, the ISM Manufacturing Employment Index measures the month-over-month change in employment levels within the manufacturing sector. Surveying a substantial number of purchasing and supply executives across the United States, the ISM compiles data that reflects employment conditions, interviewing these key stakeholders to gather insights that are both current and forward-looking. This survey seeks to gauge whether hiring is increasing, decreasing, or remaining the same, ultimately culminating in a diffusion index. A reading above 50 indicates expansion in manufacturing employment, while a reading below 50 suggests contraction. One of the most compelling aspects of the ISM Manufacturing Employment Index is its timeliness. Released on the first business day of each month, it provides one of the earliest glimpses into employment trends for the prior month, offering a leading indicator for labor market conditions before the broader non-farm payrolls report from the Bureau of Labor Statistics (BLS) is available. This early signal is invaluable for economists, policymakers, and investors who seek to understand the direction of the labor market and the economy at large. The significance of the ISM Manufacturing Employment Index extends beyond merely understanding employment trends in isolation. It acts as a barometer for the overall health and dynamism of the manufacturing sector, which contributes roughly 11% to the U.S. GDP. The manufacturing sector is inherently cyclical, often acting as a precursor to broader economic trends due to its sensitivity to changes in consumer demand, commodity prices, and global trade dynamics. Consequently, the ISM Manufacturing Employment Index can provide anticipatory insights into economic turning points. For businesses operating within or closely tied to the manufacturing sector, this index informs workforce planning and strategic decision-making. An increasing index trend suggests that manufacturing firms are ramping up production, thereby requiring more labor to meet heightened demand. This hiring surge often follows capital investment in equipment and facilities, serving as a positive signal for suppliers of industrial goods and services. Conversely, a declining index may signal manufacturers' expectations of slowing demand, prompting them to curtail hiring or even resort to layoffs, affecting downstream suppliers and contracting markets. The ISM Manufacturing Employment Index also serves as a critical input for macroeconomic policy formulation. Policymakers, particularly those at the Federal Reserve, monitor this index closely as it offers real-time data on labor market conditions. Given the dual mandate of the Federal Reserve to promote maximum employment and stable prices, fluctuations in the ISM Manufacturing Employment Index can influence monetary policy decisions. A persistent decline in the index might prompt the Federal Reserve to consider expansionary measures such as lowering interest rates or implementing quantitative easing to stimulate economic growth and job creation. Financial markets, too, react sensitively to the ISM Manufacturing Employment Index's monthly release. Equity markets, bond markets, and foreign exchange markets closely scrutinize the index as it provides clues about economic momentum. A stronger-than-expected reading can buoy stock markets, particularly shares of manufacturing firms, as it signals robust economic activity and corporate earnings potential. Simultaneously, it might lead to upward pressure on bond yields due to anticipations of tighter monetary policy. Conversely, a weaker-than-expected reading can dampen market sentiment, spurring risk-off behavior and driving investors to seek safer assets. Investors and analysts on the Eulerpool platform benefit from the detailed insights provided by the ISM Manufacturing Employment Index, enhancing their ability to predict market trends and make informed investment decisions. By integrating this data with other macroeconomic indicators available on Eulerpool, users can craft a nuanced and holistic view of the economy, identifying growth opportunities and potential risks. The ISM Manufacturing Employment Index also has broader implications for socioeconomic planning. For workforce development agencies and educational institutions, understanding the trends in manufacturing employment can guide the design of training programs and curricula that align with industry needs, fostering a labor force that is better equipped to meet the challenges of a dynamic manufacturing environment. Moreover, regions heavily dependent on manufacturing industries can leverage this data to advocate for economic development initiatives and labor market policies that support sustainable growth. In conclusion, the ISM Manufacturing Employment Index is a vital component of the macroeconomic landscape, providing early and accurate insights into employment trends within the manufacturing sector. Its implications span business strategy, financial markets, economic policy, and socio-economic planning, making it an indispensable tool for a diverse array of stakeholders. At Eulerpool, we are committed to delivering this critical data with precision and clarity, enabling our users to harness its full potential as they navigate the complexities of the economic environment. As we continue to expand and refine our offerings, the ISM Manufacturing Employment Index remains a cornerstone of the high-quality, reliable data that our users have come to trust.