Fundamental Analysis:
ISM Service Index
Definition
ISM Service Index, It is also known as ISM for non-manufacturer industry. The index is made based on the survey of 360 purchasing managers in financial, insurance, real estate, communication, and so on.
Function of ISM Service Index in Learning Forex Trading System
If the index is above 50%, it shows a positive development on the non-manufacturer industry.
Source : Institute for Supply Management, used to be NAPM
Time of Publish : Monthly, on the third day of the month, 10.00 AM EST
Revision : Not available
Bookmark/share this article with others:ISM Service Index, It is also known as ISM for non-manufacturer industry. The index is made based on the survey of 360 purchasing managers in financial, insurance, real estate, communication, and so on.
Function of ISM Service Index in Learning Forex Trading System
If the index is above 50%, it shows a positive development on the non-manufacturer industry.
Source : Institute for Supply Management, used to be NAPM
Time of Publish : Monthly, on the third day of the month, 10.00 AM EST
Revision : Not available
