The ISM Manufacturing PMI for the United States fell to 55.4 in September of 2020 from 56 in August, below market forecasts of 56.4. The reading pointed to the 4th consecutive month of expansion in factory activity, although the growth rate eased from August's near 2-year high. A slowdown was seen in new orders (60.2 vs 67.6), production (61 vs 63.3) and supplier deliveries (59 vs 58.2) while employment was nearly stable (49.6 vs 46.4). Inventories contracted at a slower pace (47.1 vs 44.4) and new export orders rose faster (54.3 vs 53.3). Price pressures intensified (62.8 vs 59.5). "After the coronavirus pandemic brought manufacturing activity to historic lows, the sector continued its recovery in September. Survey Committee members reported that their companies and suppliers continue to operate in reconfigured factories and are becoming more proficient at maintaining output. Panel sentiment was optimistic, an improvement compared to August", Timothy R. Fiore, Chair of the ISM said. source: Institute for Supply Management

Business Confidence in the United States averaged 52.87 points from 1948 until 2020, 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 October of 2020.

Business Confidence in the United States is expected to be 51.00 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 51.00 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 2021 and 52.40 points in 2022, according to our econometric models.

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United States ISM Purchasing Managers Index (PMI)

Actual Previous Highest Lowest Dates Unit Frequency
55.40 56.00 77.50 29.40 1948 - 2020 points Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-10-01 02:00 PM ISM Manufacturing Prices Sep 62.8 59.5 58.6 58
2020-10-01 02:00 PM ISM Manufacturing New Orders Sep 60.2 67.6 64
2020-10-01 02:00 PM ISM Manufacturing Employment Sep 49.6 46.4 47
2020-10-01 02:00 PM ISM Manufacturing PMI Sep 55.4 56 56.4 55
2020-11-02 03:00 PM ISM Manufacturing PMI Oct 55.4 54.5
2020-11-02 03:00 PM ISM Manufacturing Employment Oct 49.6 50
2020-12-01 03:00 PM ISM Manufacturing PMI Nov


News Stream
US Factory Growth Falls from Near 2-Year High: ISM
The ISM Manufacturing PMI for the United States fell to 55.4 in September of 2020 from 56 in August, below market forecasts of 56.4. The reading pointed to the 4th consecutive month of expansion in factory activity, although the growth rate eased from August's near 2-year high. A slowdown was seen in new orders (60.2 vs 67.6), production (61 vs 63.3) and supplier deliveries (59 vs 58.2) while employment was nearly stable (49.6 vs 46.4). Inventories contracted at a slower pace (47.1 vs 44.4) and new export orders rose faster (54.3 vs 53.3). Price pressures intensified (62.8 vs 59.5). "After the coronavirus pandemic brought manufacturing activity to historic lows, the sector continued its recovery in September. Survey Committee members reported that their companies and suppliers continue to operate in reconfigured factories and are becoming more proficient at maintaining output. Panel sentiment was optimistic, an improvement compared to August", Timothy R. Fiore, Chair of the ISM said.
2020-10-01
US Factory Activity Growth Strongest since 2018: ISM
The ISM Manufacturing PMI for the United States increased to 56 in August of 2020 from 54.2 in July, beating market forecasts of 54.5. The reading pointed to the biggest expansion in the manufacturing sector since November of 2018 as August was the first full month of operations after supply chains restarted and adjustments were made for employees to return to work. The new orders subindex reached the highest since December of 2017 (67.6 vs 61.5) and production (63.3 vs 62.1), backlogs of orders (54.6 vs 51.8) and export orders (53.3 vs 50.4) went up faster. Also, employment fell at a slower pace (46.4 vs 44.3) and price pressures were the strongest since November of 2018 (59.5 vs 53.2) while inventories fell more (44.4 vs 47). Of the 18 manufacturing industries, 15 reported growth in August. Also, sentiment was generally optimistic.
2020-09-01
US Manufacturing Growth Hits 16-Month High
The ISM Manufacturing PMI for the US rose to 54.2 in July 2020 from 52.6 in the previous month and above market expectations of 53.6. That was the highest reading since March 2019 as manufacturing continued its recovery after the disruption caused by the coronavirus pandemic. New orders rose sharply (61.5 vs 56.4 in June) as new export sales returned to growth, while employment contracted at a softer pace (44.3 vs 42.1). Among the six biggest industry sectors, food, beverage & tobacco products remained the best-performing industry sector, followed by chemical products, computer & electronic products and petroleum & coal products. Transportation equipment and fabricated metal products continued to contract, but at soft levels.
2020-08-03
US Factory Activity Back to Growth in June: ISM
The ISM Manufacturing PMI for the US jumped to 52.6 in June of 2020 from 43.1 in May, recovering sharply from 43.1 in May and 41.5 in April and easily beating market expectations of 49.5. The reading pointed to the strongest expansion in factory activity since April of 2019 after three straight months of coronavirus disruptions. New orders (56.4 from 31.8), production (57.3 from 33.2) and prices (51.3 from 40.8) rebounded and employment (42.1 from 32.1) and new export orders (47.6 from 39.5) fell less. "Demand, consumption and inputs are reaching parity and are positioned for a demand-driven expansion cycle as we enter the second half of the year", Timothy R. Fiore, Chair of the Institute for Supply Management said.
2020-07-01

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.