The ISM Manufacturing PMI jumped to 60.8 in February of 2021 from 58.7 in January, beating market expectations of 58.8. The reading pointed to the strongest expansion in factory activity since February of 2018. New orders (64.8 vs 61.1), production (63.2 vs 60.7), employment (54.4 vs 52.6) and new export orders (57.2 vs 54.9) increased at faster pace. Also, supplier deliveries slowed (72 vs 68.2) and price pressures intensified (86 vs 82.1, the highest since July 2008). "Survey Committee members reported that their companies and suppliers continue to operate in reconfigured factories. Issues with absenteeism, short-term shutdowns to sanitize facilities, and difficulties in hiring workers remain challenges and continue to cause strains that limit manufacturing-growth potential", Timothy R. Fiore, Chair of the ISM said. source: Institute for Supply Management

Business Confidence in the United States averaged 52.91 points from 1948 until 2021, reaching an all time high of 77.50 points in July of 1950 and a record low of 29.40 points in May of 1980. This page provides the latest reported value for - United States ISM Purchasing Managers Index (PMI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States ISM Purchasing Managers Index (PMI) - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.

Business Confidence in the United States is expected to be 55.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in the United States to stand at 53.40 in 12 months time. In the long-term, the United States ISM Purchasing Managers Index (PMI) is projected to trend around 53.40 points in 2022 and 52.40 points in 2023, according to our econometric models.

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United States ISM Purchasing Managers Index (PMI)

Actual Previous Highest Lowest Dates Unit Frequency
60.80 58.70 77.50 29.40 1948 - 2021 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-03-01 03:00 PM ISM Manufacturing New Orders Feb 64.8 61.1 60
2021-03-01 03:00 PM ISM Manufacturing Prices Feb 86 82.1 80 75
2021-03-01 03:00 PM ISM Manufacturing Employment Feb 54.4 52.6 53 52
2021-03-01 03:00 PM ISM Manufacturing PMI Feb 60.8 58.7 58.8 58.6
2021-04-01 02:00 PM ISM Manufacturing New Orders Mar 64.8
2021-04-01 02:00 PM ISM Manufacturing PMI Mar 60.8
2021-04-01 02:00 PM ISM Manufacturing Employment Mar 54.4
2021-04-01 02:00 PM ISM Manufacturing Prices Mar 86


News Stream
US Factory Growth at 3-Year High: ISM
The ISM Manufacturing PMI jumped to 60.8 in February of 2021 from 58.7 in January, beating market expectations of 58.8. The reading pointed to the strongest expansion in factory activity since February of 2018. New orders (64.8 vs 61.1), production (63.2 vs 60.7), employment (54.4 vs 52.6) and new export orders (57.2 vs 54.9) increased at faster pace. Also, supplier deliveries slowed (72 vs 68.2) and price pressures intensified (86 vs 82.1, the highest since July 2008). "Survey Committee members reported that their companies and suppliers continue to operate in reconfigured factories. Issues with absenteeism, short-term shutdowns to sanitize facilities, and difficulties in hiring workers remain challenges and continue to cause strains that limit manufacturing-growth potential", Timothy R. Fiore, Chair of the ISM said.
2021-03-01
US Factory Growth Slows More than Expected: ISM
The ISM Manufacturing PMI fell to 58.7 in January of 2021 from 60.5 in December which was the highest since August of 2018 and below market forecasts of 60. Still, the reading pointed to an 8th consecutive month of growth in factory activity and at a robust pace. A slowdown was seen in new orders (61.1 vs 67.5), production (60.7 vs 64.7), supplier deliveries (68.2 vs 67.7), inventories (50.8 vs 51) and new export orders (54.9 vs 59.1). On the other hand, both employment (52.6 vs 51.7) and backlog of orders (59.7 vs 59.1) increased faster and price pressures intensified (82.1 vs 77.6). “Manufacturing performed well for the eighth straight month, with demand, consumption and inputs registering strong growth compared to December. Labor market difficulties at panelists’ companies and their suppliers will continue to restrict the manufacturing economy expansion until the coronavirus crisis abates.” Timothy R. Fiore, Chair of the ISM Manufacturing Business Survey Committee said.
2021-02-01
US ISM Manufacturing PMI Tops Estimates
The ISM Manufacturing PMI for the US jumped to 60.7 in December of 2020 from 57.5 in November, well above forecasts of 56.6. The reading pointed to the 7th straight month of rising manufacturing activity and the strongest growth rate since August of 2018. Improvements were seen in new orders (67.9 vs 57.5), production (64.8 vs 60.8) and employment (51.5 vs 48.4). “The manufacturing economy continued its recovery in December. Survey Committee members reported that their companies and suppliers continue to operate in reconfigured factories, but absenteeism, short-term shutdowns to sanitize facilities and difficulties in returning and hiring workers are causing strains that are limiting manufacturing growth potential. However, panel sentiment remains optimistic, an improvement compared to November", Timothy R. Fiore, Chair of the ISM said.
2021-01-05
US Factory Growth Slows: ISM
The ISM Manufacturing PMI for the US fell to 57.5 in November of 2020 from a two year high of 59.3 reached in October. Figures came slightly lower than market forecasts of 58, but still pointed to expansion in the overall economy for the seventh month in a row. A slowdown was seen in production (60.8 vs 63), new orders (65.1 vs 67.9) and inventories (51.2 vs 51.9) while employment contracted (48.4 vs 53.2). On the other hand, new export orders increased faster (57.8 vs 55.7). "The manufacturing economy continued its recovery in November. Survey Committee members reported that their companies and suppliers continue to operate in reconfigured factories, but absenteeism, short-term shutdowns to sanitize facilities and difficulties in returning and hiring workers are causing strains that will likely limit future manufacturing growth potential. Panel sentiment, however, is optimistic", said Timothy R. Fiore, Chair of the ISM Manufacturing Business Survey Committee.
2020-12-01

United States ISM Purchasing Managers Index (PMI)
The Manufacturing ISM Report On Business® is based on data compiled from purchasing and supply executives nationwide. Survey responses reflect the change, if any, in the current month compared to the previous month. For each of the indicators measured (New Orders, Backlog of Orders, New Export Orders, Imports, Production, Supplier Deliveries, Inventories, Customers' Inventories, Employment and Prices), the report shows the percentage reporting each response, the net difference between the number of responses in the positive economic direction and the negative economic direction, and the diffusion index. A PMI™ reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally declining.