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

The IHS Markit US Manufacturing PMI edged down to 55.3 in July of 2018 from a preliminary of 55.5 and 55.4 in June. The reading pointed to the slowest expansion in factory activity in five months amid weaker rises in output and employment and higher inflationary pressures while export sales fell for the second month in a row. Manufacturing PMI in the United States is reported by Markit Economics.

United States Manufacturing PMI
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US Manufacturing PMI Revised Down: Markit


The IHS Markit US Manufacturing PMI edged down to 55.3 in July of 2018 from a preliminary of 55.5 and 55.4 in June. The reading pointed to the slowest expansion in factory activity in five months amid weaker rises in output and employment and higher inflationary pressures while export sales fell for the second month in a row.

Production continued to rise across the U.S. manufacturing sector in July, extending the current sequence of growth that began in June 2016. Where an increase in output was reported, panellists linked this to greater client demand and larger new order volumes. Although the rate of expansion was strong overall, it was the slowest since November 2017. 

New order growth, however, continued to outstrip that of output. The latest upturn in new business matched that seen in June and was strong overall. Anecdotal evidence suggested the rise was due to the acquisition of new clients and favourable demand conditions. That said, growth was largely driven by the domestic market, with foreign demand falling fractionally for the second successive month.

In line with a sustained upturn in new orders, backlogs continued to rise solidly in July. On the employment front, panellists commonly reported difficulties filling current vacancies, with the rate of job creation softening despite increased pressure on production capacities. 

Pressure on supplier chains also intensified, as highlighted by delivery times lengthening to the greatest extent since the series began. Increased demand for inputs was exacerbated by firms reportedly stockpiling raw materials. Moreover, the rate of input price inflation accelerated to the thirdfastest since March 2012 and was sharp overall. Firms also commented on efforts to pass costs onto clients through higher prices, with the rate of charge inflation accelerating to the fastest since June 2011. However, some stated that competition between firms weighed on overall pricing power.

Difficulties in sourcing raw materials also fed through to a weaker rise in purchasing activity. That said, signs of stockpiling were evident in a faster increase in pre-production inventories, which rose at the quickest pace since January. Finally, expectations regarding the outlook for output over the next year improved in July. Confidence was largely attributed to new product developments and more favourable demand conditions.  


Markit | Joana Taborda | joana.taborda@tradingeconomics.com
8/1/2018 1:52:38 PM



United States Business Last Previous Highest Lowest Unit
Business Confidence 58.10 60.20 77.50 29.40 Index Points [+]
Manufacturing PMI 55.30 55.40 57.90 50.70 [+]
Services PMI 56.00 56.50 61.00 49.30 Index Points [+]
Non Manufacturing PMI 55.70 59.10 62.00 37.60 [+]
Composite Pmi 55.70 56.20 61.00 50.00 Index Points [+]
Industrial Production 4.20 4.00 62.00 -33.70 percent [+]
Industrial Production Mom 0.10 1.00 16.60 -10.40 percent [+]
Manufacturing Production 2.80 2.30 67.90 -39.40 percent [+]
Capacity Utilization 78.10 78.10 89.39 66.71 percent [+]
Durable Goods Orders 1.00 -0.30 23.50 -19.00 percent [+]
Durable Goods Orders Ex Defense 1.50 -1.40 26.00 -19.70 percent [+]
Durable Goods Orders Ex Transportation 0.40 0.30 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.40 0.80 4.60 -7.20 percent [+]
New Orders 501718.00 498174.00 565232.00 223500.00 USD Million [+]
Factory Orders 0.70 0.40 10.60 -10.00 percent [+]
Business Inventories 0.10 0.30 1.30 -2.00 percent [+]
Changes in Inventories -27.92 30.34 166.37 -245.13 USD Billion [+]
Wholesale Inventories 0.10 0.30 2.10 -2.00 percent [+]
Bankruptcies 22245.00 23106.00 82446.00 19695.00 Companies [+]
Corporate Profits 1920.00 1767.00 1920.00 14.40 USD Billion [+]
NFIB Business Optimism Index 107.90 107.20 108.00 80.10 Index Points [+]
Ism New York Index 75.00 55.00 88.80 23.40 percent [+]
Philadelphia Fed Manufacturing Index 11.90 25.70 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 25.60 22.60 39.00 -35.10 Index Points [+]
Richmond Fed Manufacturing Index 20.00 21.00 27.00 -44.00 Index Points [+]
Chicago Fed National Activity Index 0.43 -0.45 2.76 -5.16 [+]
Dallas Fed Manufacturing Index 32.30 36.50 47.10 -60.10 Index Points [+]
Chicago Pmi 65.50 64.10 81.00 20.70 Index Points [+]
Car Production 3.00 2.72 9.92 1.29 Million Units [+]
Car Registrations 525.48 461.17 1149.00 331.50 Thousand [+]
Total Vehicle Sales 16.77 17.24 21.77 9.05 Million [+]
Crude Oil Stocks Change 6.81 -1.35 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 33.00 46.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change -740.00 2900.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 123.25 123.09 123.25 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 3.66 -6.00 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 869.00 869.00 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 6847.00 7107.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 12.90 13.00 108.20 -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 August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
55.30 55.40 57.90 50.70 2012 - 2018 Monthly
SA




manufacturing pmi by Country
Country Last
Australia 52.00 Jul/18
Brazil 50.50 Jul/18
Canada 56.90 Jul/18
China 50.80 Jul/18
Euro Area 55.10 Jul/18
France 53.30 Jul/18
Germany 56.90 Jul/18
India 52.30 Jul/18
Indonesia 50.50 Jul/18
Italy 51.50 Jul/18
Japan 52.30 Jul/18
Mexico 52.10 Jul/18
Netherlands 58.00 Jul/18
Russia 48.10 Jul/18
South Korea 48.30 Jul/18
Spain 52.90 Jul/18
Switzerland 61.90 Jul/18
Turkey 49.00 Jul/18
United Kingdom 54.00 Jul/18
United States 55.30 Jul/18


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