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

The IHS Markit US Manufacturing PMI went up to 55.1 in December of 2017 from 53.9 in November and above a preliminary of 55. The reading pointed to the fastest expansion in factory activity since March of 2015 as high client demand boosted output and new orders and job creation was the strongest since September of 2014. Manufacturing PMI in the United States is reported by Markit Economics.

United States Manufacturing PMI
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US Factory Growth Highest Since 2015: PMI


The IHS Markit US Manufacturing PMI went up to 55.1 in December of 2017 from 53.9 in November and above a preliminary of 55. The reading pointed to the fastest expansion in factory activity since March of 2015 as high client demand boosted output and new orders and job creation was the strongest since September of 2014.

Output at manufacturers expanded at a steep pace in December, with growth reaching an eleven-month high. Panellists attributed greater production to more favourable demand conditions and increased new order volumes. 

New business received by manufacturers continued to rise in December, with the rate of expansion accelerating to a ten-month high. Anecdotal evidence linked increases to greater demand from new and existing clients. Exports sales, however, grew at a marginal pace.

In line with greater production requirements, firms added to their payrolls and at the fastest rate since September 2014. Increased capacity pressures were also reflected in backlog accumulation. The upturn in outstanding business accelerated and was the quickest since October 2015.

Meanwhile, input price pressures intensified with the rate of cost inflation accelerating for the second consecutive month. Furthermore, the marked rate of increase was the second-fastest since December 2013. Panellists linked rises to higher raw material prices, which partly stemmed from supplier delays. Meanwhile, factory gate charges rose solidly, despite the rate of inflation softening since November.

Greater production requirements also impacted purchasing activity which increased at the fastest pace since February. As a result, pre-production stocks also expanded at the end of the year.

Business confidence remained robust in December, with manufacturers reporting the second-highest level of optimism since January 2016. Positive output expectations were linked to forecasts of greater client demand.


Markit | Joana Taborda | joana.taborda@tradingeconomics.com
1/2/2018 2:55:12 PM



United States Business Last Previous Highest Lowest Unit
Business Confidence 59.70 58.20 77.50 29.40 Index Points [+]
Manufacturing PMI 55.10 53.90 57.90 50.70 [+]
Non Manufacturing PMI 55.90 57.40 62.00 37.60 [+]
Services PMI 53.70 54.50 61.00 49.30 Index Points [+]
Composite Pmi 54.10 54.50 61.00 50.00 Index Points [+]
Industrial Production 3.60 3.50 62.00 -33.70 percent [+]
Industrial Production Mom 0.90 -0.10 16.60 -10.40 percent [+]
Manufacturing Production 2.40 2.50 67.90 -39.40 percent [+]
Capacity Utilization 77.90 77.20 89.40 66.70 percent [+]
Durable Goods Orders 1.30 -0.40 22.10 -17.90 percent [+]
Durable Goods Orders Ex Defense 1.00 0.00 24.80 -18.60 percent [+]
Durable Goods Orders Ex Transportation -0.10 1.30 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.80 1.20 4.60 -7.30 percent [+]
New Orders 488114.00 479590.00 565232.00 223500.00 USD Million [+]
Factory Orders 1.30 0.40 10.20 -9.40 percent [+]
Business Inventories 0.40 0.00 1.30 -2.00 percent [+]
Changes in Inventories 38.51 5.50 132.20 -206.10 USD Billion [+]
Wholesale Inventories 0.80 -0.40 2.10 -2.00 percent [+]
Bankruptcies 23109.00 23443.00 82446.00 19695.00 Companies [+]
Corporate Profits 1738.20 1643.80 1741.40 14.40 USD Billion [+]
NFIB Business Optimism Index 104.90 107.50 107.70 80.10 Index Points [+]
Philadelphia Fed Manufacturing Index 22.20 27.90 58.50 -57.90 Index Points [+]
Richmond Fed Manufacturing Index 20.00 30.00 30.00 -44.00 Index Points [+]
Ism New York Index 56.30 58.10 88.80 23.40 percent [+]
NY Empire State Manufacturing Index 17.70 19.60 39.00 -35.10 Index Points [+]
Dallas Fed Manufacturing Index 29.70 19.40 46.60 -59.50 Index Points [+]
Chicago Fed National Activity Index 0.27 0.11 2.74 -5.13 [+]
Chicago Pmi 67.60 63.90 78.80 21.40 Index Points [+]
Total Vehicle Sales 17.85 17.48 21.77 9.05 Million [+]
Car Production 2.78 2.80 9.92 1.29 Million Units [+]
Car Registrations 475.17 477.61 1149.00 331.50 Thousand [+]
Crude Oil Stocks Change -6.86 -4.95 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change -183.00 -359.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change 3620.00 4135.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 184.12 183.53 184.12 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 [+]
Crude Oil Rigs 747.00 752.00 1609.00 98.00 [+]
API Crude Oil Stock Change -5.12 -11.19 14.30 -12.40 BBL/1Million [+]
Competitiveness Index 5.85 5.70 5.85 5.42 Points [+]
Competitiveness Rank 2.00 3.00 7.00 1.00 [+]
Corruption Index 74.00 76.00 78.00 71.00 Points [+]
Corruption Rank 18.00 16.00 24.00 14.00 [+]
Ease of Doing Business 6.00 8.00 8.00 4.00 [+]
Steel Production 6709.00 6976.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 11.50 9.30 108.20 -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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
55.10 53.90 57.90 50.70 2012 - 2017 Monthly
SA




manufacturing pmi by Country
Country Last
Australia 56.20 Dec/17
Brazil 52.40 Dec/17
Canada 54.70 Dec/17
China 51.50 Dec/17
Euro Area 60.60 Dec/17
France 58.80 Dec/17
Germany 63.30 Dec/17
India 54.70 Dec/17
Indonesia 49.30 Dec/17
Italy 57.40 Dec/17
Japan 54.00 Dec/17
Mexico 51.70 Dec/17
Netherlands 62.20 Dec/17
Russia 52.00 Dec/17
South Korea 49.90 Dec/17
Spain 55.80 Dec/17
Switzerland 65.20 Dec/17
Turkey 54.90 Dec/17
United Kingdom 56.30 Dec/17
United States 55.10 Dec/17


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