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Welcome to the Investors Trading Academy talking glossary of financial terms and events. Our word of the day is ISM MANUFACTURING The ISM manufacturing index is a measurement based on a poll of 300 manufacturing firms in the US. These executives of these firms are surveyed to acquire their expectations in future inventories, production, deliveries, new orders and employment. Because manufacturing fluctuations influence the overall economic trend, changes in this figure may have docHub impact over the GDP. Furthermore, the ISM is one of the most influential measurements in indicating economic turnarounds. For example if the ISM increases over times of recession, this indicates a jump in manufacturing demand and thus an upward jump in the economy. The survey is conducted by the Institute for Supply Management. By monitoring the ISM Manufacturing Index, investors are able to better understand national economic conditions. When this index is increasing, investors can assume that th