ISM Manufacturing PMI
ISM Manufacturing PMI English 한국어 The Economy's Leading Indicator What the Indicator Means The ISM Manufacturing PMI is a diffusion index compiled from a survey of purchasing executives. The magic number is 50 : a reading above 50 indicates expansion, while below 50 indicates contraction. It provides a fast, accurate pulse of economic health based on firsthand corporate sentiment. Release Frequency & Timing Released on the first business day of every month at 10:00 AM Eastern Time (ET) , it is one of the earliest major economic reports published each month. Why It Is Receiving Attention It acts as the economy's "canary in the coal mine." A depressed PMI signals recessionary fears, but when it climbs above 50, it signals a strong impending corporate earnings recovery, acting as a bullish catalyst for stocks. Indicators to Consider Alongside ISM Services PMI: Reflects the much ...