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Past Release · ISM Mfg

February 2025 ISM Mfg Report

Saturday, February 1, 2025

ISM Mfg printed at 101.10, a +1.03% move from the prior reading of 100.06.

Headline Reading
Industrial Production
101.10
Feb 1
Prior
100.06
Absolute
+1.03
Percent
+1.03%

What to Watch For

  • Headline ISM vs 50 threshold
  • New orders subindex, forward indicator
  • Employment subindex
  • Prices paid, inflation signal
  • Supplier deliveries, supply chain signal
  • Inventories relative to new orders

Expected Market Reaction

ISM beat with strong new orders: industrials/cyclicals outperform, copper/oil up, rates up. ISM miss with weak new orders: defensives outperform, rates down, dollar up.

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