cookie

This site uses cookies to provide you with a great user experience. By visiting monetamarkets.com, you accept our cookie policy.

Allow all

ISM Non-Manufacturing

BBack

Back to Glossary

Description

Similar to the manufacturing index but for non-manufacturing sectors like services.

The ISM Non-Manufacturing Index mirrors the manufacturing index but focuses on the services sector, which constitutes a significant portion of many developed economies. Like its manufacturing counterpart, a score over 50 indicates growth in non-manufacturing activities. This index provides insights into service industry dynamics, influencing broader economic outlooks and investment strategies in service-related stocks.

Start Trading in 3 Simple Steps

1
REGISTER

Open a live account and start trading in just minutes.

2
FUND

Fund your account using a wide range of funding methods.

3
TRADE

Access 1000+ instruments across all asset classes

open chat
close chat