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ISM Manufacturing New Orders

Name: ISM Manufacturing New Orders
Creator: TipRanks

The ISM Manufacturing New Orders Index is a component of the ISM Manufacturing Report on Business, which measures the level of new orders placed with manufacturers in the U.S. It is a key indicator of future manufacturing activity and economic growth, as new orders signal demand for goods. A reading above 50 indicates expansion, while below 50 suggests contraction. This index is closely watched by financial markets as it can influence investor sentiment and monetary policy decisions.