CONVEX
Past Release · ISM Mfg

October 2024 ISM Mfg Report

Tuesday, October 1, 2024

ISM Mfg printed at 99.47, a -0.34% move from the prior reading of 99.81.

Headline Reading
Industrial Production
99.47
Oct 1
Prior
99.81
Absolute
0.34
Percent
-0.34%

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.

Related Assets Around the Release

Related Scenarios

ShareXRedditLinkedInHN

Get release-day analysis and market reaction framing before consensus forms.