United States ISM Purchasing Managers Index (PMI)  1948-2018 | Data

The Institute for Supply Management’s Manufacturing PMI in the US fell to 59.3 in March 2018 from the previous month's near 14-year high of 60.8, and missing market expectations of 60.1. New orders, output and employment rose at a softer pace. Business Confidence in the United States is reported by Institute for Supply Management.

United States ISM Purchasing Managers Index (PMI)
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US Factory Growth Weaker than Expected: ISM


The Institute for Supply Management’s Manufacturing PMI in the US fell to 59.3 in March 2018 from the previous month's near 14-year high of 60.8, and missing market expectations of 60.1.

5 of 6 main components showed month-over-month decreases: new orders (down 2.3 percentage points to 61.9); production (down 1 percentage point to 61); employment (down 2.4 percentage points to 57.3); supplier deliveries (down 0.5 percentage point to 60.6); and inventories (down 1.2 percentage points to 55.5).

"Comments from the panel reflect continued expanding business strength. Demand remains robust, with the New Orders Index at 60 or above for the 11th straight month, and the Customers’ Inventories Index at its lowest level since July 2011. The Backlog of Orders Index continued a 14-month expansion with its highest reading since May 2004, when it registered 63 percent. Consumption, described as production and employment, continues to expand, with indications that labor and skill shortages are affecting production output. Inputs, expressed as supplier deliveries, inventories and imports, were negatively impacted by weather conditions; Asian holidays; lead time extensions; steel and aluminum disruptions across many industries; supplier labor issues; and transportation difficulties due to driver and equipment shortages. Export orders remained strong, supported by a weaker US currency."

Meanwhile, the prices sub-index rose 3.9 percentage points to 78.1 percent in March, the highest level since April 2011, indicating higher raw materials prices for the 25th consecutive month.

Of the 18 manufacturing industries, 17 reported growth in March, in the following order: Fabricated Metal Products; Plastics & Rubber Products; Computer & Electronic Products; Paper Products; Printing & Related Support Activities; Nonmetallic Mineral Products; Transportation Equipment; Petroleum & Coal Products; Wood Products; Machinery; Chemical Products; Textile Mills; Electrical Equipment, Appliances & Components; Furniture & Related Products; Miscellaneous Manufacturing; Food, Beverage & Tobacco Products; and Primary Metals. The only industry reporting a decrease during the period is Apparel, Leather & Allied Products.


ISM | Joana Ferreira | joana.ferreira@tradingeconomics.com
4/2/2018 2:22:46 PM


Recent Releases

US Factory Growth Highest Since 2004: ISM
The Institute for Supply Management’s Manufacturing PMI in the US jumped to 60.8 in February from 59.1 in January, beating market expectations of 58.7. The reading pointed to the highest expansion in manufacturing since May of 2004 amid stronger business conditions and faster job creation. In contrast, new orders and production eased despite maintaining high levels of expansion.
Published on 2018-03-01

US Factory Growth Beats Forecasts in January: ISM
The Institute for Supply Management’s Manufacturing PMI in the US edged down to 59.1 in January of 2018 from a downwardly revised 59.3 in December, beating market expectations of 58.8. New orders and production maintained high levels of expansion; employment expanded at a slower rate; order backlogs, export orders and imports continued do grow faster. Price increases occurred across all industry sectors.
Published on 2018-02-01

US Factory Growth Above Forecasts: ISM
The Institute for Supply Management’s Manufacturing PMI in the US rose to 59.7 in December of 2017 from 58.2 in November, beating market expectations of 58.1. It is the highest reading in three months, boosted by production and new orders while job creation slowed.
Published on 2018-01-03

US Factory Activity Growth Slows for 2nd Month: ISM
The Institute for Supply Management’s Manufacturing PMI in the US fell to 58.2 in November of 2017 from 58.7 in October and below market expectations of 58.4. The reading pointed to the second consecutive month of slowing growth in factory activity after reaching a 13-year high of 60.8 in September. Employment and export orders eased and inventories contracted more.
Published on 2017-12-01



Calendar GMT Actual Previous Consensus TEForecast
2018-04-02 02:00 PM ISM Manufacturing Prices 78.1 74.2 72.6
2018-04-02 02:00 PM ISM Manufacturing Employment 57.3 59.7 54.5
2018-04-02 02:00 PM ISM Manufacturing PMI 59.3 60.8 60 59
2018-05-01 02:00 PM ISM Manufacturing PMI 59.3 59.2
2018-05-01 02:00 PM ISM Manufacturing Employment 57.3
2018-05-01 02:00 PM ISM Manufacturing New Orders 61.9


United States Business Last Previous Highest Lowest Unit
Business Confidence 59.30 60.80 77.50 29.40 Index Points [+]
Manufacturing PMI 55.60 55.30 57.90 50.70 [+]
Services PMI 54.00 55.90 61.00 49.30 Index Points [+]
Non Manufacturing PMI 58.80 59.50 62.00 37.60 [+]
Composite Pmi 54.20 55.80 61.00 50.00 Index Points [+]
Industrial Production 4.30 4.40 62.00 -33.70 percent [+]
Industrial Production Mom 0.50 1.00 16.60 -10.40 percent [+]
Manufacturing Production 3.00 2.50 67.90 -39.40 percent [+]
Capacity Utilization 78.02 77.73 89.39 66.71 percent [+]
Durable Goods Orders 3.10 -3.50 22.10 -17.90 percent [+]
Durable Goods Orders Ex Defense 2.50 -2.50 24.80 -18.60 percent [+]
Durable Goods Orders Ex Transportation 1.20 -0.20 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.10 0.40 4.60 -7.30 percent [+]
New Orders 497984.00 491686.00 565232.00 223500.00 USD Million [+]
Factory Orders 1.20 -1.30 10.20 -9.40 percent [+]
Business Inventories 0.60 0.60 1.30 -2.00 percent [+]
Changes in Inventories 15.56 38.51 132.20 -206.10 USD Billion [+]
Wholesale Inventories 1.00 0.90 2.10 -2.00 percent [+]
Bankruptcies 23157.00 23109.00 82446.00 19695.00 Companies [+]
Corporate Profits 1767.00 1738.20 1767.00 14.40 USD Billion [+]
NFIB Business Optimism Index 104.70 107.60 107.70 80.10 Index Points [+]
Ism New York Index 54.00 54.50 88.80 23.40 percent [+]
Philadelphia Fed Manufacturing Index 23.20 22.30 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 15.80 22.50 39.00 -35.10 Index Points [+]
Richmond Fed Manufacturing Index 15.00 28.00 30.00 -44.00 Index Points [+]
Chicago Fed National Activity Index 0.88 0.02 2.74 -5.15 [+]
Dallas Fed Manufacturing Index 21.40 37.20 46.60 -59.50 Index Points [+]
Chicago Pmi 57.40 61.90 81.00 20.70 Index Points [+]
Car Production 3.19 3.17 9.92 1.29 Million Units [+]
Car Registrations 431.32 413.33 1149.00 331.50 Thousand [+]
Total Vehicle Sales 17.48 17.08 21.77 9.05 Million [+]
Crude Oil Stocks Change -1.07 3.31 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change -36.00 -19.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change -2968.00 458.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 122.34 122.04 184.16 70.21 Index Points [+]
Internet Speed 18747.58 17235.62 18747.58 3609.31 KBps [+]
IP Addresses 128949703.00 127873899.00 146874246.00 89399946.00 IP [+]
API Crude Oil Stock Change -1.05 1.76 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 815.00 808.00 1609.00 98.00 [+]
Corruption Index 75.00 74.00 78.00 71.00 Points [+]
Corruption Rank 16.00 18.00 24.00 14.00 [+]
Competitiveness Index 5.85 5.70 5.85 5.42 Points [+]
Competitiveness Rank 2.00 3.00 7.00 1.00 [+]
Ease of Doing Business 6.00 8.00 8.00 4.00 [+]
Steel Production 6446.00 6822.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 10.80 10.00 108.20 -28.80 percent [+]


United States ISM Purchasing Managers Index (PMI)

The Manufacturing ISM Report On Business® is based on data compiled from purchasing and supply executives nationwide. Survey responses reflect the change, if any, in the current month compared to the previous month. For each of the indicators measured (New Orders, Backlog of Orders, New Export Orders, Imports, Production, Supplier Deliveries, Inventories, Customers' Inventories, Employment and Prices), the report shows the percentage reporting each response, the net difference between the number of responses in the positive economic direction and the negative economic direction, and the diffusion index. A PMI™ reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally declining. This page provides the latest reported value for - United States ISM Purchasing Managers Index (PMI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States ISM Purchasing Managers Index (PMI) - actual data, historical chart and calendar of releases - was last updated on April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
59.30 60.80 77.50 29.40 1948 - 2018 Index Points Monthly




business confidence by Country
Country Last
Australia 7.00 Mar/18
Brazil 56.70 Apr/18
Canada 59.80 Mar/18
China 51.50 Mar/18
Euro Area 1.34 Mar/18
France 111.00 Mar/18
Germany 114.70 Mar/18
India 59.70 Dec/17
Indonesia 111.02 Dec/17
Italy 109.10 Mar/18
Japan 24.00 Mar/18
Mexico 50.20 Mar/18
Netherlands 9.50 Mar/18
Russia -2.00 Mar/18
South Korea 74.00 Mar/18
Spain 2.90 Mar/18
Switzerland 106.00 Mar/18
Turkey 111.90 Mar/18
United Kingdom 13.00 Mar/18
United States 59.30 Mar/18


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