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

The IHS Markit US Manufacturing PMI edged up to 56.6 in May of 2018 from 56.5 in April, slightly above market expectations of 56.5, preliminary estimates showed. The reading pointed to the strongest growth rate in factory activity since September of 2014 amid faster rises in production and incoming new business due to improving economic conditions and a continued recovery in domestic sales. Manufacturing PMI in the United States is reported by Markit Economics.

United States Manufacturing PMI
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US Manufacturing Growth Highest since 2014


The IHS Markit US Manufacturing PMI edged up to 56.6 in May of 2018 from 56.5 in April, slightly above market expectations of 56.5, preliminary estimates showed. The reading pointed to the strongest growth rate in factory activity since September of 2014 amid faster rises in production and incoming new business due to improving economic conditions and a continued recovery in domestic sales.

There were signs that manufacturers intend to boost production schedules in the coming months. Backlogs of work were accumulated at the strongest pace since September 2015 and payroll numbers increased to a greater extent than in the previous month. Moreover, business optimism regarding the year ahead outlook was the highest since February 2015.

In anticipation of greater workloads, manufacturers signaled a robust increase in input buying during May. Pre-production inventories also picked up, with the degree of stock accumulation the largest since the start of 2018. 

Meanwhile, latest data signaled intense pressure on supply chains, with average lead-times lengthening to the greatest extent since the survey began in May 2007. Manufacturers widely commented on stretched supplier capacity and logistics delays during the latest survey period. Robust demand for raw materials and rising commodity prices resulted in another steep increase in input costs across the manufacturing sector. The overall rate of input price inflation eased slightly since April, but was still among the fastest seen over the past seven years. Moreover, prices charged by manufacturing companies continued to rise at the strongest rate since June 2011.


Markit | Joana Taborda | joana.taborda@tradingeconomics.com
5/23/2018 1:54:08 PM



United States Business Last Previous Highest Lowest Unit
Business Confidence 57.30 59.30 77.50 29.40 Index Points [+]
Manufacturing PMI 56.60 56.50 57.90 50.70 [+]
Services PMI 55.70 54.60 61.00 49.30 Index Points [+]
Non Manufacturing PMI 56.80 58.80 62.00 37.60 [+]
Composite Pmi 55.70 54.90 61.00 50.00 Index Points [+]
Industrial Production 3.50 3.70 62.00 -33.70 percent [+]
Industrial Production Mom 0.70 0.70 16.60 -10.40 percent [+]
Manufacturing Production 1.80 2.50 67.90 -39.40 percent [+]
Capacity Utilization 77.99 77.56 89.39 66.71 percent [+]
Durable Goods Orders 2.60 3.50 22.10 -17.90 percent [+]
Durable Goods Orders Ex Defense 2.80 3.00 24.80 -18.60 percent [+]
Durable Goods Orders Ex Transportation 0.00 0.90 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.30 0.20 4.60 -7.30 percent [+]
New Orders 507690.00 497984.00 565232.00 223500.00 USD Million [+]
Factory Orders 1.60 1.60 10.20 -9.40 percent [+]
Business Inventories 0.00 0.60 1.30 -2.00 percent [+]
Changes in Inventories 33.07 15.56 132.20 -206.10 USD Billion [+]
Wholesale Inventories 0.30 0.90 2.10 -2.00 percent [+]
Bankruptcies 23106.00 23157.00 82446.00 19695.00 Companies [+]
Corporate Profits 1767.00 1738.20 1767.00 14.40 USD Billion [+]
NFIB Business Optimism Index 104.80 104.70 107.70 80.10 Index Points [+]
Ism New York Index 64.30 54.00 88.80 23.40 percent [+]
Philadelphia Fed Manufacturing Index 34.40 23.20 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 20.10 15.80 39.00 -35.10 Index Points [+]
Richmond Fed Manufacturing Index 16.00 -3.00 30.00 -44.00 Index Points [+]
Chicago Fed National Activity Index 0.34 0.32 2.76 -5.16 [+]
Dallas Fed Manufacturing Index 21.80 22.80 47.10 -60.10 Index Points [+]
Chicago Pmi 57.60 57.40 81.00 20.70 Index Points [+]
Car Production 3.08 3.19 9.92 1.29 Million Units [+]
Car Registrations 522.69 431.32 1149.00 331.50 Thousand [+]
Total Vehicle Sales 17.15 17.48 21.77 9.05 Million [+]
Crude Oil Stocks Change 5.78 -1.40 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 91.00 106.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change 1883.00 -3790.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 122.63 122.34 184.16 70.21 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 -1.30 4.85 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 844.00 844.00 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 5.85 5.70 5.85 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 7261.00 6446.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 10.60 10.60 108.20 -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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
56.60 56.50 57.90 50.70 2012 - 2018 Monthly
SA




manufacturing pmi by Country
Country Last
Australia 58.30 Apr/18
Brazil 52.30 Apr/18
Canada 55.50 Apr/18
China 51.10 Apr/18
Euro Area 55.50 May/18
France 55.10 May/18
Germany 56.80 May/18
India 51.60 Apr/18
Indonesia 51.60 Apr/18
Italy 53.50 Apr/18
Japan 52.50 May/18
Mexico 51.60 Apr/18
Netherlands 60.70 Apr/18
Russia 51.30 Apr/18
South Korea 48.40 Apr/18
Spain 54.40 Apr/18
Switzerland 63.60 Apr/18
Turkey 48.90 Apr/18
United Kingdom 53.90 Apr/18
United States 56.60 May/18


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