The Institute for Supply Management (ISM) released today, Monday, the Purchasing Managers' Index (PMI) data for the manufacturing sector for May 2025, with results worse than market expectations. The index recorded 48.5 points, which is below the expectations of 49.3 points, and the previous month’s reading was around 48.7 points in April.
Additionally, the Manufacturing PMI price index published by the institute recorded a negative reading, reaching 69.4 points in May, which is lower than the expectations of 70.2 points. The previous reading for April was around 69.8 points.
Data in Light of Purchasing Managers' Surveys This index relies on comprehensive surveys of over 600 purchasing managers and aims to measure the relative level of business conditions in various areas, such as employment, production, new orders, prices, as well as resource delivery and inventories. This data serves as a key indicator of the health of the U.S. economy.
It is known that this index significantly impacts the movements of the U.S. currency. The news is considered positive for the currency if the actual value exceeds expectations, while it is deemed negative if the reading is below expected.
