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Past Release · ISM Mfg

February 2026 ISM Mfg Report

Sunday, February 1, 2026

ISM Mfg printed at 102.10, a +0.62% move from the prior reading of 101.47.

Headline Reading
Industrial Production
102.10
Feb 1
Prior
101.47
Absolute
+0.63
Percent
+0.62%

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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