American Supplier Management Association announced the US April ISM Non-Manufacturing PMI on 2025-05-05. against a forecast of 49.6, with the prior figure recorded as 50.8.
Regarding the US April ISM Non-Manufacturing PMI, Actual value > Expected value = Positive for the US dollar, The ISM Services (Non-Manufacturing Index) is an important data point published by the Institute for Supply Management. It is an index that examines the non-manufacturing sector's conditions in production, new orders, commodity prices, inventories, employment, order deliveries, new export orders, and imports, to draw conclusions about economic trends. It serves as a leading indicator of economic health. Any index above 50 indicates expansion, while below 50 indicates contraction. Its impact on GDP is much smaller than that of the ISM Manufacturing Index. If the index is higher than expected, the dollar should be considered strong/bullish, while if it is lower than expected, the dollar should be seen as weak/bearish.
This data holds an importance level of , calculated using Index based on the Manufacturing Purchasing Managers' Survey, and updates monthly.
This content is AI-generated.Please verify before use.
Disclaimer: The content related to future events does not represent Gate.io’s position, nor does it constitute any investment advice, nor is it an endorsement of any third parties.