United States Manufacturing PMI  2012-2017 | Data | Chart | Calendar

The IHS Markit US Manufacturing PMI fell to 52.1 in June of 2017 from 52.7 in May and well below market expectations of 53, flash estimates showed. It is the lowest reading since September of 2016 as output and new business growth slowed, offsetting stronger contributions from job creation and inventory building. Manufacturing PMI in the United States is reported by Markit Economics.

United States Manufacturing PMI
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US Factory Growth At 9-Month Low: PMI


The IHS Markit US Manufacturing PMI fell to 52.1 in June of 2017 from 52.7 in May and well below market expectations of 53, flash estimates showed. It is the lowest reading since September of 2016 as output and new business growth slowed, offsetting stronger contributions from job creation and inventory building.

Meanwhile, latest survey data revealed a marked slowdown in input price inflation to its weakest since March 2016. Lower cost pressures led to a moderation in factory gate price inflation in June. The latest rise in manufacturers’ output charges was the least marked since September 2016.

Commenting on the flash PMI data, Chris Williamson, Chief Business Economist at IHS Markit said: 
“The economy ended the second quarter on a softer note. The June PMI surveys showed some pay-back after a strong May, indicating the second weakest expansion of business activity since last September.

“The average expansion seen in the second quarter is down on that seen in the first three months of the year, indicating a slowing in the underlying pace of economic growth. While official GDP data are expected to turn higher in the second quarter after an especially weak start to the year (our recent GDP tracker based on various official and survey data points to 3.0% growth), the relatively subdued PMI readings suggest there are some downside risks to the extent to which GDP will rebound. 

“Historical comparisons of the PMI against GDP indicates that the PMI is running at a level broadly consistent with the economy growing at a 0.4% quarterly rate (1.5% annualized) in the second quarter, or just over 2% once allowance is made for residual seasonality in the official GDP data.

“There are signs, however, that growth could pick up again: new orders showed the largest monthly rise since January, business optimism about the year ahead perked up and hiring remained encouragingly resilient. The survey is indicative of non-farm payroll growth of approximately 170,000.

“Average prices charged for goods and services meanwhile showed one of the largest rises in the past two years, pointing to improved pricing power amid healthy demand.” 

Markit | Joana Taborda | joana.taborda@tradingeconomics.com
6/23/2017 1:50:44 PM



United States Business Last Previous Highest Lowest Unit
Business Confidence 54.90 54.80 77.50 29.40 [+]
Services PMI 53.00 53.60 61.00 49.30 Index Points [+]
Non Manufacturing PMI 56.90 57.50 62.00 37.60 percent [+]
Manufacturing PMI 52.10 52.70 57.90 50.70 [+]
Composite Pmi 53.00 53.60 61.00 50.00 Index Points [+]
Industrial Production 2.20 2.10 62.00 -33.70 percent [+]
Industrial Production Mom 0.00 1.10 16.60 -10.40 percent [+]
Manufacturing Production 1.40 1.60 67.90 -39.40 percent [+]
Capacity Utilization 76.60 76.70 89.40 66.70 percent [+]
Durable Goods Orders -0.70 2.30 22.10 -17.90 percent [+]
Durable Goods Orders Ex Defense -0.80 1.10 24.80 -18.60 percent [+]
Durable Goods Orders Ex Transportation -0.40 0.80 6.00 -11.10 percent [+]
Factory Orders Ex Transportation 0.10 0.20 4.60 -7.30 percent [+]
New Orders 469030.00 478185.00 565232.00 223500.00 USD Million [+]
Factory Orders -0.20 1.00 10.20 -9.40 percent [+]
Business Inventories -0.20 0.20 1.30 -2.00 percent [+]
Changes in Inventories 4.30 49.60 117.20 -206.10 USD Billion [+]
Wholesale Inventories -0.50 0.10 2.10 -2.00 percent [+]
Bankruptcies 23591.00 24114.00 82446.00 19695.00 Companies [+]
Corporate Profits 1571.20 1611.40 1703.60 14.40 USD Billion [+]
NFIB Business Optimism Index 104.50 104.50 107.70 80.10 Index Points [+]
NY Empire State Manufacturing Index 19.80 -1.00 38.99 -34.30 Index Points [+]
Philadelphia Fed Manufacturing Index 27.60 38.80 58.50 -57.90 Index Points [+]
Richmond Fed Manufacturing Index 1.00 20.00 26.00 -43.00 Index Points [+]
Ism New York Index 46.70 55.80 88.80 23.40 percent [+]
Dallas Fed Manufacturing Index 17.20 16.80 46.60 -59.50 Index Points [+]
Chicago Fed National Activity Index 0.49 0.07 2.73 -5.10 [+]
Chicago Pmi 59.40 58.30 78.80 21.40 Index Points [+]
Total Vehicle Sales 16.66 16.88 21.77 9.05 Million [+]
Car Production 3.48 3.54 9.92 1.29 Million Units [+]
Car Registrations 524.96 569.19 1149.00 331.50 Thousand [+]
Crude Oil Stocks Change -2.45 -1.66 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 61.00 78.00 147.00 -287.00 Billion cf [+]
Gasoline Stocks Change -578.00 2096.00 11456.00 -8419.00 Thousand Barrels [+]
Leading Economic Index 181.55 181.22 182.29 70.21 Index Points [+]
Small Business Sentiment 51.67 49.03 59.12 48.35 [+]
Steel Production 6995.00 6717.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 8.30 7.10 108.20 -28.80 percent [+]
Corruption Index 74.00 76.00 78.00 71.00 Points [+]
Corruption Rank 18.00 16.00 24.00 14.00 [+]
Competitiveness Index 5.70 5.61 5.79 5.42 Points [+]
Competitiveness Rank 3.00 3.00 7.00 1.00 [+]
Ease of Doing Business 8.00 7.00 8.00 4.00 [+]


United States Manufacturing PMI Notes

In the United States, the Markit Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 600 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - United States Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
52.10 52.70 57.90 50.70 2012 - 2017 Monthly
SA



manufacturing pmi by Country

Last
Australia 54.80 May/17
Brazil 52.00 May/17
Canada 55.10 May/17
China 49.60 May/17
Euro Area 57.30 Jun/17
France 55.00 Jun/17
Germany 59.30 Jun/17
India 51.60 May/17
Indonesia 50.60 May/17
Italy 55.10 May/17
Japan 52.00 Jun/17
Mexico 51.20 May/17
Netherlands 57.60 May/17
Russia 52.40 May/17
South Korea 49.20 May/17
Spain 55.40 May/17
Switzerland 55.60 May/17
Turkey 53.50 May/17
United Kingdom 56.70 May/17
United States 52.10 Jun/17