The IHS Markit US Manufacturing PMI was revised lower to 50.9 in July 2020 from a preliminary estimate of 51.3 and compared to June's final 49.8. Still, the latest figure signaled a marginal improvement in the performance of the US manufacturing sector, the first since February.

Manufacturing PMI in the United States averaged 53.14 points from 2012 until 2020, reaching an all time high of 57.90 points in August of 2014 and a record low of 36.10 points in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: Markit Economics

Manufacturing PMI in the United States is expected to be 51.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in the United States to stand at 50.00 in 12 months time. In the long-term, the United States Manufacturing PMI is projected to trend around 50.00 points in 2021 and 51.00 points in 2022, according to our econometric models.

Ok
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.

Please Paste this Code in your Website
width
height
United States Manufacturing PMI

Actual Previous Highest Lowest Dates Unit Frequency
50.90 49.80 57.90 36.10 2012 - 2020 points Monthly
SA


News Stream
US Markit Manufacturing PMI Revised Lower
The IHS Markit US Manufacturing PMI was revised lower to 50.9 in July 2020 from a preliminary estimate of 51.3 and compared to June's final 49.8. Still, the latest figure signaled a marginal improvement in the performance of the US manufacturing sector, the first since February.
2020-08-03
US Factory Activity Rises Less than Expected
The IHS Markit US Manufacturing PMI increased to 51.3 in July of 2020 from 49.8 in June, below market forecasts of 51.5. The reading pointed to the first expansion in factory activity since February. Overall growth was driven by the first upturns in both output and new orders for five months. Firms noted that the rise in production was due to greater new business inflows. Some companies also stated that higher new orders stemmed from the gradual return of customers and stronger underlying demand. Workforce numbers in the manufacturing sector were broadly unchanged in July, as the rate of backlog depletion eased further. Although some firms noted the return of furloughed workers and the hiring of new employees, others remained cautious due to historically muted demand conditions and the ongoing uncertainty surrounding the pandemic. Nonetheless, output expectations strengthened to the highest since February amid hopes of a recovery once the pandemic situation improves.
2020-07-24
US Markit Manufacturing PMI Revised Higher
The IHS Markit US Manufacturing PMI was revised higher to 49.8 in June of 2020 from a preliminary of 49.6 and 39.8 in the previous month. The reading pointed to only a fractional deterioration in US manufacturing conditions as goods producers and their customers began to reopen amid looser restrictions following the coronavirus outbreak. The downward trend in production eased markedly as new orders stabilised amid reports of a relative improvement in demand conditions. Companies reported a further drop in workforce numbers as evidence of spare capacity remained, but the rate of job losses also moderated sharply. Optimism about the year ahead meanwhile revived considerably.
2020-07-01
US Manufacturing PMI Beats Forecasts
The IHS Markit Flah US Manufacturing PMI increased to 49.6 in June of 2020 from 39.8 in May, beating market forecasts of 48. The reading still pointed to a small contraction in factory activity although it was the lowest in three months as businesses began to reopen on a larger scale after the coronavirus lockdown. Output and new orders fell at a slower pace and job shedding eased in June while backlogs of work continued to be reduced sharply. Alongside a boost to business confidence, which was reportedly linked to hopes of a swift return to pre-pandemic new order volumes, firms began to increase their output charges in an effort to pass on higher cost burdens to clients. The increase in output prices was the first such rise since February.
2020-06-23

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.