The IHS Markit US Composite PMI fell to 52.8 in April 2019 from 54.6 in the previous month, a flash estimate showed. The latest reading pointed to the softest expansion in the private sector since September 2016, as the services activity growth slowed to a 25-month low (PMI at 52.9 vs 55.3 in March), while manufacturing output held steady at a near two-year low (PMI at 52.4). New business growth eased and new orders softened for the second consecutive month to the weakest for two years. Also, backlogs increased at the slowest pace in 2019 to date and the job creation rate went up at the weakest since April 2017. On the price front, input cost inflation eased to 31-month low and output cost inflation slowed. Looking ahead, optimism declined to its lowest since June 2016. Composite Pmi in the United States is reported by Markit Economics.

Composite Pmi in the United States is expected to be 54.30 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite Pmi in the United States to stand at 51.90 in 12 months time. In the long-term, the United States Composite PMI is projected to trend around 51.90 Index Points in 2020, according to our econometric models.

United States Composite PMI
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United States Business Last Previous Highest Lowest Unit
Business Confidence 55.30 54.20 77.50 29.40 Index Points [+]
Manufacturing PMI 52.40 52.40 57.90 50.70 [+]
Services PMI 52.90 55.30 61.00 49.30 Index Points [+]
Non Manufacturing PMI 56.10 59.70 62.00 37.80 [+]
Composite Pmi 52.80 54.60 61.00 50.00 Index Points [+]
Industrial Production 2.80 3.50 62.00 -33.70 percent [+]
Industrial Production Mom -0.10 0.10 16.60 -10.40 percent [+]
Manufacturing Production 1.00 1.10 67.90 -39.40 percent [+]
Capacity Utilization 78.80 79.00 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 497474.00 500479.00 565232.00 223500.00 USD Million [+]
Factory Orders -0.50 0.00 10.60 -10.00 percent [+]
Business Inventories 0.30 0.90 1.30 -2.00 percent [+]
Changes in Inventories 96.80 89.77 166.37 -245.13 USD Billion [+]
Wholesale Inventories 0.20 1.20 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 101.80 101.70 108.80 80.10 Index Points [+]
Ism New York Index 66.90 61.10 88.80 23.40 percent [+]
Philadelphia Fed Manufacturing Index 8.50 13.70 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 10.10 3.70 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 2.46 2.64 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 -1.40 7.03 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 92.00 25.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change -1174.00 -7710.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 125.56 125.17 125.56 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 -3.10 4.09 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 825.00 833.00 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 10.50 12.70 108.20 -28.80 percent [+]


United States Composite PMI

In the United States, Markit Composite PMI Output Index tracks business trends across both manufacturing and service sectors (60 percent from the manufacturing sector and 40 percent from the services sector). The index is based on data collected from a representative panel of over 1,000 companies and follows variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity while below 50 points to contraction. This page provides the latest reported value for - United States Composite PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Composite PMI - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
52.80 54.60 61.00 50.00 2013 - 2019 Index Points Monthly
SA




Country Last Previous
Australia 50.60 Apr/19
Brazil 53.10 Mar/19
China 52.90 Mar/19
Euro Area 51.30 Apr/19
France 50.00 Apr/19
Germany 52.10 Apr/19
India 52.70 Mar/19
Italy 51.50 Mar/19
Japan 50.40 Mar/19
Russia 54.60 Mar/19
Singapore 51.80 Mar/19
South Africa 48.80 Mar/19
United Kingdom 50.00 Mar/19
United States 52.80 Apr/19


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