The IHS Markit US Composite PMI dropped to 54.3 in March 2019 from a seven-month high of 55.5 in the previous month and below market consensus of 55.2, a preliminary estimate showed. The latest reading pointed to the weakest upturn in private sector business activity since September 2018, as new work rose the least since April 2017 and employment growth eased to the weakest since June 2017. On the price front, input price inflation fell to a two-year low and prices charged by private sector firms increased at the softest pace since October 2017. Looking ahead, business optimism dipped to the 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 55.20 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 55.00 in 12 months time. In the long-term, the United States Composite PMI is projected to trend around 55.10 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 54.20 56.60 77.50 29.40 Index Points [+]
Manufacturing PMI 52.50 53.00 57.90 50.70 [+]
Services PMI 54.80 56.00 61.00 49.30 Index Points [+]
Non Manufacturing PMI 59.70 56.70 62.00 37.80 [+]
Composite Pmi 54.30 55.50 61.00 50.00 Index Points [+]
Industrial Production 3.50 3.90 62.00 -33.70 percent [+]
Industrial Production Mom 0.10 -0.40 16.60 -10.40 percent [+]
Manufacturing Production 1.00 2.80 67.90 -39.40 percent [+]
Capacity Utilization 78.23 78.26 89.39 66.71 percent [+]
Durable Goods Orders 0.40 1.30 23.50 -19.00 percent [+]
Durable Goods Orders Ex Defense 0.70 2.20 26.00 -19.70 percent [+]
Durable Goods Orders Ex Transportation -0.10 0.30 7.50 -6.80 percent [+]
Factory Orders Ex Transportation -0.20 -0.50 4.60 -7.20 percent [+]
New Orders 499876.00 499194.00 565232.00 223500.00 USD Million [+]
Factory Orders 0.10 0.10 10.60 -10.00 percent [+]
Business Inventories 0.60 0.00 1.30 -2.00 percent [+]
Changes in Inventories 97.07 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 2076.82 2007.53 2076.82 14.70 USD Billion [+]
NFIB Business Optimism Index 101.70 101.20 108.80 80.10 Index Points [+]
Ism New York Index 61.10 63.40 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 16.00 -2.00 29.00 -44.00 Index Points [+]
Chicago Fed National Activity Index -0.43 0.05 2.77 -5.25 [+]
Dallas Fed Manufacturing Index 13.10 1.00 47.10 -60.10 Index Points [+]
Chicago Pmi 64.70 56.70 78.60 21.20 Index Points [+]
Car Production 2.64 2.61 9.92 1.29 Million Units [+]
Car Registrations 445.50 401.53 1149.00 331.50 Thousand [+]
Total Vehicle Sales 16.57 16.70 21.77 9.05 Million [+]
Crude Oil Stocks Change -9.59 -3.86 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change -47.00 -204.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change -4587.00 -4624.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 125.13 124.80 125.13 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 -2.13 -2.58 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 824.00 833.00 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 7647.00 7568.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 12.50 15.40 108.20 -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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
54.30 55.50 61.00 50.00 2013 - 2019 Index Points Monthly
SA




Country Last Previous
Australia 49.70 Feb/19
Brazil 52.60 Feb/19
China 50.70 Feb/19
Euro Area 51.30 Mar/19
France 48.70 Mar/19
Germany 51.50 Mar/19
India 53.80 Feb/19
Italy 49.60 Feb/19
Japan 50.70 Feb/19
Russia 54.10 Feb/19
Singapore 49.80 Feb/19
South Africa 50.20 Feb/19
United Kingdom 51.50 Feb/19
United States 54.30 Mar/19


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