United States Manufacturing PMI  2012-2018 | Data | Chart | Calendar

The IHS Markit US Manufacturing PMI rose to 55.6 in September of 2018 from 54.7 in August, matching the preliminary estimate. The reading pointed to the strongest growth in factory activity in four months, driven by sharper rises in output and new orders, though new business from abroad continued to expand at only a marginal pace. Also, the average for the third quarter was strong overall but signaled the softest expansion since the fourth quarter of 2017. Manufacturing PMI in the United States is reported by Markit Economics.

United States Manufacturing PMI
width
height
The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



US Manufacturing PMI Confirmed at 4-Month High: Markit


The IHS Markit US Manufacturing PMI rose to 55.6 in September of 2018 from 54.7 in August, matching the preliminary estimate. The reading pointed to the strongest growth in factory activity in four months, driven by sharper rises in output and new orders, though new business from abroad continued to expand at only a marginal pace. Also, the average for the third quarter was strong overall but signaled the softest expansion since the fourth quarter of 2017.

Production across the goods-producing sector rose at an accelerated and sharp rate in September. The upturn was the fastest since May and was attributed to a sustained rise in new business and more favourable demand conditions. 

New orders received increased markedly, with the rate of expansion quickening to reach a four-month high. Panellists stated that stronger client demand and increased marketing activity drove the rise in order book volumes. New export orders, however, rose marginally as firms noted concerns surrounding the effect of tariffs on foreign demand.

Reflective of a sharp increase in overall new orders, the rate of backlog accumulation accelerated. Moreover, September data signalled the joint-quickest rise in outstanding business in three years. As a result, employment continued to expand, albeit at the softest pace for 13 months.

Growth of purchasing activity accelerated amid the faster expansion of new orders. Input buying rose at the quickest rate since April and pre-production inventories increased at the strongest pace since December 2016.

On the price front, cost burdens continued to rise markedly. The rate of input price inflation matched that seen in August, with panellists commonly attributing the increase to tariffs and greater demand for inputs. Firms were able to partly pass higher costs on to clients, with charges increasing solidly. That said, the rate of inflation dipped to a nine-month low, amid reports that some companies were reluctant to raise factory gate prices.

Manufacturers exhibited ongoing confidence towards the outlook for output, with optimists continuing to exceed pessimists. Expected growth was generally linked to new product development and forecasts of firmer demand conditions. However, the overall degree of optimism was the lowest recorded for a year. 


Markit | Joana Taborda | joana.taborda@tradingeconomics.com
10/1/2018 1:51:00 PM



United States Business Last Previous Highest Lowest Unit
Business Confidence 59.80 61.30 77.50 29.40 Index Points [+]
Manufacturing PMI 55.60 54.70 57.90 50.70 [+]
Services PMI 53.50 54.80 61.00 49.30 Index Points [+]
Non Manufacturing PMI 61.60 58.50 62.00 37.60 [+]
Composite Pmi 53.90 54.70 61.00 50.00 Index Points [+]
Industrial Production 5.10 4.90 62.00 -33.70 percent [+]
Industrial Production Mom 0.30 0.40 16.60 -10.40 percent [+]
Manufacturing Production 3.50 3.10 67.90 -39.40 percent [+]
Capacity Utilization 78.10 78.10 89.39 66.71 percent [+]
Durable Goods Orders 4.50 -1.20 23.50 -19.00 percent [+]
Durable Goods Orders Ex Defense 2.60 -0.60 26.00 -19.70 percent [+]
Durable Goods Orders Ex Transportation 0.10 0.20 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.10 0.10 4.60 -7.20 percent [+]
New Orders 510466.00 498925.00 565232.00 223500.00 USD Million [+]
Factory Orders 2.30 -0.50 10.60 -10.00 percent [+]
Business Inventories 0.50 0.70 1.30 -2.00 percent [+]
Changes in Inventories -36.81 30.34 166.37 -245.13 USD Billion [+]
Wholesale Inventories 1.00 0.60 2.10 -2.00 percent [+]
Bankruptcies 22245.00 23106.00 82446.00 19695.00 Companies [+]
Corporate Profits 2007.53 1965.29 2007.53 14.70 USD Billion [+]
NFIB Business Optimism Index 107.90 108.80 108.80 80.10 Index Points [+]
Ism New York Index 72.50 76.50 88.80 23.40 percent [+]
Philadelphia Fed Manufacturing Index 22.20 22.90 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 21.10 19.00 39.00 -35.10 Index Points [+]
Richmond Fed Manufacturing Index 29.00 24.00 29.00 -44.00 Index Points [+]
Chicago Fed National Activity Index 0.18 0.18 2.76 -5.21 [+]
Dallas Fed Manufacturing Index 28.10 30.90 47.10 -60.10 Index Points [+]
Chicago Pmi 60.40 63.60 81.00 20.70 Index Points [+]
Car Production 2.45 3.00 9.92 1.29 Million Units [+]
Car Registrations 445.58 464.21 1149.00 331.50 Thousand [+]
Total Vehicle Sales 17.44 16.72 21.77 9.05 Million [+]
Crude Oil Stocks Change 6.49 5.99 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 81.00 90.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change -2016.00 951.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 123.89 123.61 123.89 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 -2.10 9.75 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 869.00 861.00 1609.00 98.00 [+]
Corruption Index 75.00 74.00 78.00 71.00 Points [+]
Corruption Rank 16.00 18.00 24.00 14.00 [+]
Competitiveness Index 85.64 84.84 85.64 5.42 Points [+]
Competitiveness Rank 2.00 3.00 7.00 1.00 [+]
Ease of Doing Business 6.00 8.00 8.00 4.00 [+]
Steel Production 7461.00 7275.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 13.40 14.40 108.20 -28.80 percent [+]


United States Manufacturing PMI

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 October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
55.60 54.70 57.90 50.70 2012 - 2018 Monthly
SA




manufacturing pmi by Country
Country Last
Australia 59.00 Sep/18
Brazil 50.90 Sep/18
Canada 54.80 Sep/18
China 50.00 Sep/18
Euro Area 53.20 Sep/18
France 52.50 Sep/18
Germany 53.70 Sep/18
India 52.20 Sep/18
Indonesia 50.70 Sep/18
Italy 50.00 Sep/18
Japan 52.50 Sep/18
Mexico 51.70 Sep/18
Netherlands 59.80 Sep/18
Russia 50.00 Sep/18
Saudi Arabia 53.40 Sep/18
Singapore 52.40 Sep/18
South Africa 43.20 Sep/18
South Korea 51.30 Sep/18
Spain 51.40 Sep/18
Switzerland 59.70 Sep/18
Turkey 42.70 Sep/18
United Kingdom 53.80 Sep/18
United States 55.60 Sep/18


Related

Latest