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

The IHS Markit US Manufacturing PMI was revised higher to 55.4 in June of 2018 from a preliminary of 54.6. Still, the reading fell from 56.4 in May, pointing to the slowest growth in factory activity in four months. Output and new orders both expanded at the slowest rates since November 2017. Meanwhile, the effects of tariffs were widely cited as contributing to another sharp rise in input prices, while suppliers’ delivery times lengthened to the greatest extent since the series began. Average charges rose at the second-fastest rate since June of 2011. Manufacturing PMI in the United States is reported by Markit Economics.

United States Manufacturing PMI
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US Manufacturing PMI Revised Higher: Markit


The IHS Markit US Manufacturing PMI was revised higher to 55.4 in June of 2018 from a preliminary of 54.6. Still, the reading fell from 56.4 in May, pointing to the slowest growth in factory activity in four months. Output and new orders both expanded at the slowest rates since November 2017. Meanwhile, the effects of tariffs were widely cited as contributing to another sharp rise in input prices, while suppliers’ delivery times lengthened to the greatest extent since the series began. Average charges rose at the second-fastest rate since June of 2011.

Output growth remained strong in June, despite the rate of expansion easing to a seven-month low. 

Similarly, the upturn in new orders was the softest since November 2017. Although the expansion lost some momentum, it was solid nonetheless. Panellists stated that growth was due to robust client demand and favourable market conditions. However, new business from abroad contracted for the first time since July 2017 (albeit only slightly), amid reports of weaker foreign client demand following recent tariff announcements.

The rate of input cost inflation was the slowest for four months, but remained sharp nonetheless. The rise in cost burdens was driven by greater global demand for inputs and the effects of recent tariffs. Supplier shortages were a key factor behind longer delivery times. Lead times for inputs lengthened to the greatest extent in the series history.

Factory gate prices also increased sharply, with the rate of inflation accelerating to the second-fastest since June 2011. Panellists widely commented that higher input costs were partly passed onto clients. 

Reflective mainly of difficulties in sourcing raw materials, buying activity and stocks of purchases grew at weaker rates in June.

Capacity pressures persisted, despite employment growth quickening since May, as backlogs increased solidly. The rate of job creation was the fastest since February and outstanding business rose at the second-strongest rate since September 2015.

Business confidence was strong in June. Optimism was commonly linked to expected sustained upturns in output and new orders. That said, sentiment fell to the lowest level for five months.


Markit | Joana Taborda | joana.taborda@tradingeconomics.com
7/2/2018 1:56:27 PM



United States Business Last Previous Highest Lowest Unit
Business Confidence 60.20 58.70 77.50 29.40 Index Points [+]
Manufacturing PMI 55.40 56.40 57.90 50.70 [+]
Services PMI 56.50 56.80 61.00 49.30 Index Points [+]
Non Manufacturing PMI 59.10 58.60 62.00 37.60 [+]
Composite Pmi 56.20 56.60 61.00 50.00 Index Points [+]
Industrial Production 3.80 3.20 62.00 -33.70 percent [+]
Industrial Production Mom 0.60 -0.50 16.60 -10.40 percent [+]
Manufacturing Production 1.90 1.20 67.90 -39.40 percent [+]
Capacity Utilization 78.00 77.70 89.39 66.71 percent [+]
Durable Goods Orders -0.60 -1.00 23.50 -19.00 percent [+]
Durable Goods Orders Ex Defense -1.50 -1.50 26.00 -19.70 percent [+]
Durable Goods Orders Ex Transportation -0.30 1.90 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.70 0.90 4.60 -7.20 percent [+]
New Orders 498174.00 494448.00 565232.00 223500.00 USD Million [+]
Factory Orders 0.40 -0.40 10.60 -10.00 percent [+]
Business Inventories 0.40 0.30 1.30 -2.00 percent [+]
Changes in Inventories 13.86 15.56 132.20 -206.10 USD Billion [+]
Wholesale Inventories 0.60 0.10 2.10 -2.00 percent [+]
Bankruptcies 23106.00 23157.00 82446.00 19695.00 Companies [+]
Corporate Profits 1920.00 1767.00 1920.00 14.40 USD Billion [+]
NFIB Business Optimism Index 107.20 107.80 107.80 80.10 Index Points [+]
Ism New York Index 55.00 56.40 88.80 23.40 percent [+]
Philadelphia Fed Manufacturing Index 19.90 34.40 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 22.60 25.00 39.00 -35.10 Index Points [+]
Richmond Fed Manufacturing Index 20.00 16.00 30.00 -44.00 Index Points [+]
Chicago Fed National Activity Index -0.15 0.42 2.76 -5.16 [+]
Dallas Fed Manufacturing Index 36.50 26.80 47.10 -60.10 Index Points [+]
Chicago Pmi 64.10 62.70 81.00 20.70 Index Points [+]
Car Production 2.70 3.08 9.92 1.29 Million Units [+]
Car Registrations 461.17 522.69 1149.00 331.50 Thousand [+]
Total Vehicle Sales 17.47 16.91 21.77 9.05 Million [+]
Crude Oil Stocks Change -12.63 1.25 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 51.00 78.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change -694.00 -1505.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 123.07 122.91 184.16 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 0.63 -6.80 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 863.00 863.00 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 7107.00 6930.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 12.90 12.60 108.20 -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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
55.40 56.40 57.90 50.70 2012 - 2018 Monthly
SA




manufacturing pmi by Country
Country Last
Australia 57.40 Jun/18
Brazil 49.80 Jun/18
Canada 57.10 Jun/18
China 51.00 Jun/18
Euro Area 54.90 Jun/18
France 52.50 Jun/18
Germany 55.90 Jun/18
India 53.10 Jun/18
Indonesia 50.30 Jun/18
Italy 53.30 Jun/18
Japan 53.00 Jun/18
Mexico 52.10 Jun/18
Netherlands 60.10 Jun/18
Russia 49.50 Jun/18
South Korea 49.80 Jun/18
Spain 53.40 Jun/18
Switzerland 61.60 Jun/18
Turkey 46.80 Jun/18
United Kingdom 54.40 Jun/18
United States 55.40 Jun/18


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