Institute for Supply Management

The Institute for Supply Management (ISM) is a professional organization that monitors and reports on the health of the U.S. economy, especially the manufacturing and service industries. It conducts surveys of businesses to gather data on factors like orders, production, employment, and supply chain performance. The compiled data results in indices, such as the ISM Manufacturing Index, which help identify economic growth or contraction. Policymakers, investors, and businesses use this information to make informed decisions. ISM's insights are valuable indicators of economic activity and overall business conditions in the United States.