Fundamental Analysis:
ISM Manufacturing Index
Definition
ISM Manufacturing Index is based on the survey done to 300 purchasing managers from all countries that’s representing 20 manufacturer industry. The index represents the number of order, production total, employees, prices, export, import and shipping delivery.
Function of ISM Manufacturing Index in Learning Forex Trading System
It is the mark indicator related to the manufacturer business. If the index shows that the number is above 50%, it means that the growth in that sector is healthy as well as economic condition.
Source : Institute for Supply Management. It used to be NAPM
Time of Publish : Monthly, the first working day of the month.
Revision : Not available
Bookmark/share this article with others:ISM Manufacturing Index is based on the survey done to 300 purchasing managers from all countries that’s representing 20 manufacturer industry. The index represents the number of order, production total, employees, prices, export, import and shipping delivery.
Function of ISM Manufacturing Index in Learning Forex Trading System
It is the mark indicator related to the manufacturer business. If the index shows that the number is above 50%, it means that the growth in that sector is healthy as well as economic condition.
Source : Institute for Supply Management. It used to be NAPM
Time of Publish : Monthly, the first working day of the month.
Revision : Not available
