The ISM Manufacturing PMI for the United States increased to 56 in August of 2020 from 54.2 in July, beating market forecasts of 54.5. The reading pointed to the biggest expansion in the manufacturing sector since November of 2018 as August was the first full month of operations after supply chains restarted and adjustments were made for employees to return to work. The new orders subindex reached the highest since December of 2017 (67.6 vs 61.5) and production (63.3 vs 62.1), backlogs of orders (54.6 vs 51.8) and export orders (53.3 vs 50.4) went up faster. Also, employment fell at a slower pace (46.4 vs 44.3) and price pressures were the strongest since November of 2018 (59.5 vs 53.2) while inventories fell more (44.4 vs 47). Of the 18 manufacturing industries, 15 reported growth in August. Also, sentiment was generally optimistic.

Business Confidence in the United States averaged 52.87 points from 1948 until 2020, reaching an all time high of 77.50 points in July of 1950 and a record low of 29.40 points in May of 1980. 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) - data, historical chart, forecasts and calendar of releases - was last updated on September of 2020. source: Institute for Supply Management

Business Confidence in the United States is expected to be 49.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in the United States to stand at 53.00 in 12 months time. In the long-term, the United States ISM Purchasing Managers Index (PMI) is projected to trend around 53.40 points in 2021 and 52.40 points in 2022, according to our econometric models.

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United States ISM Purchasing Managers Index (PMI)

Actual Previous Highest Lowest Dates Unit Frequency
56.00 54.20 77.50 29.40 1948 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-09-01 02:00 PM ISM Manufacturing New Orders Aug 67.6 61.5 57.6
2020-09-01 02:00 PM ISM Manufacturing Prices Aug 59.5 53.2 54 52.8
2020-09-01 02:00 PM ISM Manufacturing Employment Aug 46.4 44.3 45.8 44
2020-09-01 02:00 PM ISM Manufacturing PMI Aug 56 54.2 54.5 54
2020-10-01 02:00 PM ISM Manufacturing PMI Sep 56 56.2 55
2020-11-02 03:00 PM ISM Manufacturing PMI Oct
2020-11-02 03:00 PM ISM Manufacturing Employment Oct
2020-12-01 03:00 PM ISM Manufacturing PMI Nov


News Stream
US Factory Activity Growth Strongest since 2018: ISM
The ISM Manufacturing PMI for the United States increased to 56 in August of 2020 from 54.2 in July, beating market forecasts of 54.5. The reading pointed to the biggest expansion in the manufacturing sector since November of 2018 as August was the first full month of operations after supply chains restarted and adjustments were made for employees to return to work. The new orders subindex reached the highest since December of 2017 (67.6 vs 61.5) and production (63.3 vs 62.1), backlogs of orders (54.6 vs 51.8) and export orders (53.3 vs 50.4) went up faster. Also, employment fell at a slower pace (46.4 vs 44.3) and price pressures were the strongest since November of 2018 (59.5 vs 53.2) while inventories fell more (44.4 vs 47). Of the 18 manufacturing industries, 15 reported growth in August. Also, sentiment was generally optimistic.
2020-09-01
US Manufacturing Growth Hits 16-Month High
The ISM Manufacturing PMI for the US rose to 54.2 in July 2020 from 52.6 in the previous month and above market expectations of 53.6. That was the highest reading since March 2019 as manufacturing continued its recovery after the disruption caused by the coronavirus pandemic. New orders rose sharply (61.5 vs 56.4 in June) as new export sales returned to growth, while employment contracted at a softer pace (44.3 vs 42.1). Among the six biggest industry sectors, food, beverage & tobacco products remained the best-performing industry sector, followed by chemical products, computer & electronic products and petroleum & coal products. Transportation equipment and fabricated metal products continued to contract, but at soft levels.
2020-08-03
US Factory Activity Back to Growth in June: ISM
The ISM Manufacturing PMI for the US jumped to 52.6 in June of 2020 from 43.1 in May, recovering sharply from 43.1 in May and 41.5 in April and easily beating market expectations of 49.5. The reading pointed to the strongest expansion in factory activity since April of 2019 after three straight months of coronavirus disruptions. New orders (56.4 from 31.8), production (57.3 from 33.2) and prices (51.3 from 40.8) rebounded and employment (42.1 from 32.1) and new export orders (47.6 from 39.5) fell less. "Demand, consumption and inputs are reaching parity and are positioned for a demand-driven expansion cycle as we enter the second half of the year", Timothy R. Fiore, Chair of the Institute for Supply Management said.
2020-07-01
US Factory Activity Shrinks More than Expected: ISM
The ISM Manufacturing PMI for the US increased to 43.1 in May of 2020 from 41.5 in April which was the lowest reading since April of 2009. However, figures came below market forecasts of 43.6 and pointed to a sharp contraction in the manufacturing sector. "The coronavirus pandemic impacted all manufacturing sectors for the third straight month. May appears to be a transition month, as many panelists and their suppliers returned to work late in the month. However, demand remains uncertain, likely impacting inventories, customer inventories, employment, imports and backlog of orders. Among the six biggest industry sectors, Food, Beverage & Tobacco Products remains the only industry in expansion. Transportation Equipment; Petroleum & Coal Products; and Fabricated Metal Products continue to contract at strong levels,” says Fiore, Chair of the ISM.
2020-06-01

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.