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ISM Manufacturing Employment

Name: ISM Manufacturing Employment
Creator: TipRanks

The ISM Manufacturing Employment Index is a component of the ISM Manufacturing Report on Business, which measures employment trends within the U.S. manufacturing sector. It is an important indicator of labor market health, reflecting hiring trends and workforce changes in manufacturing. A reading above 50 indicates expansion, while below 50 signals contraction. This index is significant for the economy and financial markets as it provides insights into manufacturing employment trends, influencing economic growth expectations and monetary policy decisions.