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

The Institute for Supply Management’s Manufacturing PMI in the US rose to 58.7 in May 2018 from the previous month's nine-month low of 57.3, and beating market expectations of 58.1. New orders, production and employment rose at stronger rates. 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 Manufacturing Activity Growth Stronger than Expected


The Institute for Supply Management’s Manufacturing PMI in the US rose to 58.7 in May 2018 from the previous month's nine-month low of 57.3, and beating market expectations of 58.1. New orders, production and employment rose at stronger rates.

5 of 6 main components showed month-over-month increases: new orders (up 2.5 points to 63.7); production (up 4.3 point to 61.5); employment (up 2.1 points to 56.3); supplier deliveries (up 0.9 points to 62); and prices (up 0.2 points to 79.5).

Meanwhile, the inventories sub-index fell 2.7 points to 50.2 in May.

“Comments from the panel reflect continued expanding business strength. Demand remains strong, with the New Orders Index at 60 or above for the 13th straight month, and the Customers’ Inventories Index remaining at very low levels. The Backlog of Orders Index continued expanding, with its highest reading since April 2004, when it registered 66.5 percent. Consumption, described as production and employment, continues to expand in spite of labor and skill shortages. Inputs, expressed as supplier deliveries, inventories and imports, had expansion declines, due primarily to inventory reductions likely caused by supplier performance issues. Lead-time extensions, steel and aluminum disruptions, supplier labor issues, and transportation difficulties continue. Export orders expanded at slower rates. The Prices Index is at its highest level since April 2011, when it registered 82.6 percent. Demand remains robust, but the nation’s employment resources and supply chains continue to struggle. Respondents say price pressure at their companies is causing price-increase discussions as we prepare to enter H2.”

Of the 18 manufacturing industries, 16 reported growth in May, in the following order: Textile Mills; Nonmetallic Mineral Products; Electrical Equipment, Appliances & Components; Printing & Related Support Activities; Fabricated Metal Products; Furniture & Related Products; Machinery; Chemical Products; Food, Beverage & Tobacco Products; Computer & Electronic Products; Petroleum & Coal Products; Plastics & Rubber Products; Miscellaneous Manufacturing; Transportation Equipment; Paper Products; and Primary Metals. No industry reported a decrease in PMI® in May compared to April.


ISM | Joana Ferreira | joana.ferreira@tradingeconomics.com
6/1/2018 2:11:08 PM


Recent Releases

US Manufacturing Growth Eases to 9-Month Low: ISM
The Institute for Supply Management’s Manufacturing PMI in the US fell to 57.3 in April 2018 from the previous month's 59.3, and missing market expectations of 58.3. The reading pointed to the weakest pace of expansion in the manufacturing sector since last July, as new orders, production and employment rose at softer rates.
Published on 2018-05-01

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.
Published on 2018-04-02

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



Calendar GMT Actual Previous Consensus TEForecast
2018-06-01 02:00 PM ISM Manufacturing New Orders 63.7 61.2
2018-06-01 02:00 PM ISM Manufacturing Prices 79.5 79.3 78.2
2018-06-01 02:00 PM ISM Manufacturing Employment 56.3 54.2 54.5
2018-07-02 02:00 PM ISM Manufacturing PMI 58.7 57
2018-07-02 02:00 PM ISM Manufacturing Employment 56.3
2018-07-02 02:00 PM ISM Manufacturing New Orders 63.7


United States Business Last Previous Highest Lowest Unit
Business Confidence 58.70 57.30 77.50 29.40 Index Points [+]
Manufacturing PMI 54.60 56.40 57.90 50.70 [+]
Services PMI 56.50 56.80 61.00 49.30 Index Points [+]
Non Manufacturing PMI 58.60 56.80 62.00 37.60 [+]
Composite Pmi 56.00 56.60 61.00 50.00 Index Points [+]
Industrial Production 3.50 3.60 62.00 -33.70 percent [+]
Industrial Production Mom -0.10 0.90 16.60 -10.40 percent [+]
Manufacturing Production 1.70 1.90 67.90 -39.40 percent [+]
Capacity Utilization 77.90 78.10 89.39 66.71 percent [+]
Durable Goods Orders -1.70 2.70 23.50 -19.00 percent [+]
Durable Goods Orders Ex Defense -1.90 4.30 24.80 -18.60 percent [+]
Durable Goods Orders Ex Transportation 0.90 0.40 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.40 0.50 4.60 -7.20 percent [+]
New Orders 494448.00 507690.00 565232.00 223500.00 USD Million [+]
Factory Orders -0.80 1.70 10.60 -10.00 percent [+]
Business Inventories 0.30 -0.10 1.30 -2.00 percent [+]
Changes in Inventories 20.18 15.56 132.20 -206.10 USD Billion [+]
Wholesale Inventories 0.10 0.20 2.10 -2.00 percent [+]
Bankruptcies 23106.00 23157.00 82446.00 19695.00 Companies [+]
Corporate Profits 1872.00 1767.00 1872.00 14.40 USD Billion [+]
NFIB Business Optimism Index 107.80 104.80 107.80 80.10 Index Points [+]
Ism New York Index 56.40 64.30 88.80 23.40 percent [+]
Philadelphia Fed Manufacturing Index 19.90 34.40 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 25.00 20.10 39.00 -35.10 Index Points [+]
Richmond Fed Manufacturing Index 16.00 -3.00 30.00 -44.00 Index Points [+]
Chicago Fed National Activity Index 0.34 0.32 2.76 -5.16 [+]
Dallas Fed Manufacturing Index 26.80 21.80 47.10 -60.10 Index Points [+]
Chicago Pmi 62.70 57.60 81.00 20.70 Index Points [+]
Car Production 2.70 3.08 9.92 1.29 Million Units [+]
Car Registrations 522.69 431.32 1149.00 331.50 Thousand [+]
Total Vehicle Sales 16.91 17.15 21.77 9.05 Million [+]
Crude Oil Stocks Change -5.91 -4.14 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 91.00 96.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change 3277.00 -2271.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 122.91 122.63 184.16 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 -3.02 0.83 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 862.00 863.00 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 6930.00 7261.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 12.60 11.20 108.20 -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 June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
58.70 57.30 77.50 29.40 1948 - 2018 Index Points Monthly




business confidence by Country
Country Last
Australia 6.00 May/18
Brazil 49.60 Jun/18
Canada 62.50 May/18
China 51.90 May/18
Euro Area 1.45 May/18
France 110.00 Jun/18
Germany 102.20 May/18
India 59.70 Dec/17
Indonesia 106.28 Mar/18
Italy 107.70 May/18
Japan 24.00 Mar/18
Mexico 49.50 May/18
Netherlands 9.80 May/18
Russia -2.00 May/18
South Korea 76.00 May/18
Spain 2.10 May/18
Switzerland 100.00 May/18
Turkey 109.90 May/18
United Kingdom -4.00 Jun/18
United States 58.70 May/18


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