The ISM Manufactures Index: Why It’s An Important Economic Indicator

There are a lot of very important economic indicators that economists use try to predict the direction of the U.S. economy. One of those indicators is the ISM Index otherwise known as the Manufactures Index. This video will explain how the ISM index works, recent trends in the ISM Index, and whether or not a contraction in the index has been followed by a recession in the past.

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