The ISM Manufacturing PMI in the US rose to 55.3 in March of 2019 from 54.2 in February which was the lowest reading since November of 2016. It compares with market expectations of 54.5. Faster increases were seen for new orders, production and employment. Business Confidence in the United States is reported by Institute for Supply Management.

Business Confidence in the United States is expected to be 55.00 Index 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 51.00 in 12 months time. In the long-term, the United States ISM Purchasing Managers Index (PMI) is projected to trend around 50.00 Index Points in 2020, according to our econometric models.

United States ISM Purchasing Managers Index (PMI)
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-03 03:00 PM ISM Manufacturing New Orders 51.1 62.1
2019-02-01 03:00 PM ISM Manufacturing PMI 56.6 54.3 54.2 52
2019-03-01 03:00 PM ISM Manufacturing PMI 54.2 56.6 55.5 55
2019-04-01 02:00 PM ISM Manufacturing PMI 55.3 54.2 54.5 53
2019-05-01 02:00 PM ISM Manufacturing PMI 55.3 52.4
2019-06-03 02:00 PM ISM Manufacturing PMI 53.6
2019-07-01 02:00 PM ISM Manufacturing PMI 55



US Factory Growth Beats Forecasts

The ISM Manufacturing PMI in the US rose to 55.3 in March, recovering from a 2 year low of 54.2 reported in February and compared to market expectations of 54.5. Faster growth in new orders, production and employment offset a slowdown in inventories, backlogs of orders, new export orders and supplier deliveries.

New orders (57.4 from 55.5 in February), production (55.8 from 54.8) and employment (57.5 from 52.3) increased more. In contrast, a slowdown was seen for inventories (51.8 from 53.4), backlogs of orders (50.4 from 52.3), new export orders (51.7 from 52.8) and  supplier deliveries (54.2 from 54.9) while prices rebounded (54.3 from 49.4). 

Of the 18 manufacturing industries, 16 reported growth in March, in the following order: Printing and Related Support Activities; Textile Mills; Food, Beverage and Tobacco Products; Petroleum and Coal Products; Computer and Electronic Products; Electrical Equipment, Appliances and Components; Furniture and Related Products; Chemical Products; Plastics and Rubber Products; Wood Products; Nonmetallic Mineral Products; Transportation Equipment; Miscellaneous Manufacturing; Fabricated Metal Products; Primary Metals; and Machinery. The two industries reporting contraction in March are: Apparel, Leather and Allied Products; and Paper Products.


ISM | Joana Taborda | joana.taborda@tradingeconomics.com
4/1/2019 2:40:24 PM


News

US Factory Growth Lowest since 2016: ISM
The ISM Manufacturing PMI in the US fell to 54.2 in February of 2019 from 56.6 in January, below market expectations of 55.5. The reading pointed to the slowest growth in factory activity since November of 2016 as new orders, production and employment increased less.
Published on 2019-03-01

US Factory Growth Beats Forecasts: ISM
The ISM Manufacturing PMI in the US jumped to 56.6 in January of 2019 from an upwardly revised 54.3 in December, easily beating market expectations of 54.2. Faster increases were seen in new orders, production and inventories while employment slowed slightly. On the other hand, exports continued to expand, but at the lowest level since the fourth quarter of 2016 and prices contracted for the first time since the first quarter of 2016. The manufacturing sector continues to expand, reversing December’s weak expansion, but inputs and prices indicate fundamental changes in supply chain constraints.
Published on 2019-02-01

US Factory Activity Growth Slows to 2-Year Low: ISM
The ISM Manufacturing PMI in the US fell to 54.1 in December, the weakest since November 2016, from 59.3 in November and missing market expectations of 57.9. It was the largest monthly drop since October 2008 as growth in new orders, production and employment slowed sharply.
Published on 2019-01-03

US Factory Growth Beats Forecasts: ISM
The Institute for Supply Management’s Manufacturing PMI in the US jumped to 59.3 in November of 2018 from 57.7 in October, beating market expectations of 57.6. New orders, production and employment rose faster and comments from the panel reflect continued expanding business strength.
Published on 2018-12-03



United States Business Last Previous Highest Lowest Unit
Business Confidence 55.30 54.20 77.50 29.40 Index Points [+]
Manufacturing PMI 52.40 53.00 57.90 50.70 [+]
Services PMI 55.30 56.00 61.00 49.30 Index Points [+]
Non Manufacturing PMI 56.10 59.70 62.00 37.80 [+]
Composite Pmi 54.60 55.50 61.00 50.00 Index Points [+]
Industrial Production 3.60 3.90 62.00 -33.70 percent [+]
Industrial Production Mom 0.00 -0.10 16.60 -10.40 percent [+]
Manufacturing Production 1.20 2.70 67.90 -39.40 percent [+]
Capacity Utilization 79.13 79.23 89.39 66.69 percent [+]
Durable Goods Orders -1.60 0.10 23.50 -19.00 percent [+]
Durable Goods Orders Ex Defense -1.90 0.40 26.00 -19.70 percent [+]
Durable Goods Orders Ex Transportation 0.10 -0.10 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.30 -0.10 4.60 -7.20 percent [+]
New Orders 500479.00 499876.00 565232.00 223500.00 USD Million [+]
Factory Orders -0.50 0.00 10.60 -10.00 percent [+]
Business Inventories 0.80 0.80 1.30 -2.00 percent [+]
Changes in Inventories 96.80 89.77 166.37 -245.13 USD Billion [+]
Wholesale Inventories 1.20 1.10 2.10 -2.00 percent [+]
Bankruptcies 22232.00 22103.00 82446.00 19695.00 Companies [+]
Corporate Profits 2076.20 2076.82 2076.82 14.70 USD Billion [+]
NFIB Business Optimism Index 101.70 101.20 108.80 80.10 Index Points [+]
Ism New York Index 66.90 61.10 88.80 23.40 percent [+]
Philadelphia Fed Manufacturing Index 13.70 -4.10 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 3.70 8.80 39.00 -34.40 Index Points [+]
Richmond Fed Manufacturing Index 10.00 16.00 29.00 -44.00 Index Points [+]
Chicago Fed National Activity Index -0.29 -0.25 2.78 -5.25 [+]
Dallas Fed Manufacturing Index 8.30 13.10 47.10 -60.10 Index Points [+]
Chicago Pmi 58.70 64.70 78.60 21.20 Index Points [+]
Car Production 2.64 2.61 9.92 1.29 Million Units [+]
Car Registrations 389.93 445.50 1149.00 331.50 Thousand [+]
Total Vehicle Sales 17.45 16.57 21.77 9.05 Million [+]
Crude Oil Stocks Change 7.24 2.80 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 23.00 -36.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change -1781.00 -2883.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 125.17 125.13 125.17 46.91 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 2.96 1.93 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 831.00 816.00 1609.00 98.00 [+]
Corruption Index 71.00 75.00 78.00 71.00 Points [+]
Corruption Rank 22.00 16.00 24.00 14.00 [+]
Competitiveness Index 85.64 84.84 85.64 5.42 Points [+]
Competitiveness Rank 1.00 1.00 7.00 1.00 [+]
Ease of Doing Business 8.00 6.00 8.00 4.00 [+]
Steel Production 6896.00 7647.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 12.90 15.80 108.20 -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 2019.

Actual Previous Highest Lowest Dates Unit Frequency
55.30 54.20 77.50 29.40 1948 - 2019 Index Points Monthly




Country Last Previous
Australia 0.00 Mar/19
Brazil 61.90 Mar/19
Canada 54.30 Mar/19
China 50.50 Mar/19
Euro Area 0.53 Mar/19
France 102.00 Mar/19
Germany 99.60 Mar/19
India 116.20 Mar/19
Indonesia 104.71 Dec/18
Italy 100.80 Mar/19
Japan 12.00 Mar/19
Mexico 51.50 Mar/19
Netherlands 6.10 Mar/19
Russia -2.00 Mar/19
Saudi Arabia 3.00 Jun/16
Singapore -14.00 Dec/18
South Africa 28.00 Mar/19
South Korea 73.00 Mar/19
Spain -2.30 Mar/19
Switzerland 97.40 Mar/19
Turkey 102.10 Mar/19
United Kingdom -23.00 Mar/19
United States 55.30 Mar/19


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