The IHS Markit US Composite PMI stood at 54.4 in December 2018, above the preliminary estimate of 53.6 and compared to November's 54.7. It was the lowest reading since September as new order growth softened for the third successive month in December to the joint-weakest since April 2017 and new export orders also increased at a slower pace. In addition, the rate of job creation eased to the second-softest in 18 months. On the price front, input cost inflation softened in December to the slowest since January and charge inflation also eased to the weakest in 2018. Composite Pmi in the United States is reported by Markit Economics.

Composite Pmi in the United States is expected to be 55.20 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite Pmi in the United States to stand at 55.00 in 12 months time. In the long-term, the United States Composite PMI is projected to trend around 55.10 Index Points in 2020, according to our econometric models.

United States Composite PMI
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United States Business Last Previous Highest Lowest Unit
Business Confidence 54.10 59.30 77.50 29.40 Index Points [+]
Manufacturing PMI 53.80 55.30 57.90 50.70 [+]
Services PMI 54.40 54.70 61.00 49.30 Index Points [+]
Non Manufacturing PMI 57.60 60.70 62.00 37.60 [+]
Composite Pmi 54.40 54.70 61.00 50.00 Index Points [+]
Industrial Production 4.00 4.10 62.00 -33.70 percent [+]
Industrial Production Mom 0.30 0.40 16.60 -10.40 percent [+]
Manufacturing Production 3.20 2.10 67.90 -39.40 percent [+]
Capacity Utilization 78.73 78.60 89.39 66.71 percent [+]
Durable Goods Orders 0.80 -4.30 23.50 -19.00 percent [+]
Durable Goods Orders Ex Defense -0.10 -1.40 26.00 -19.70 percent [+]
Durable Goods Orders Ex Transportation -0.30 0.40 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.30 0.10 4.60 -7.20 percent [+]
New Orders 502677.00 515334.00 565232.00 223500.00 USD Million [+]
Factory Orders -2.10 0.20 10.60 -10.00 percent [+]
Business Inventories 0.60 0.50 1.30 -2.00 percent [+]
Changes in Inventories 89.77 -36.81 166.37 -245.13 USD Billion [+]
Wholesale Inventories 0.80 0.70 2.10 -2.00 percent [+]
Bankruptcies 22103.00 22245.00 82446.00 19695.00 Companies [+]
Corporate Profits 2076.82 2007.53 2076.82 14.70 USD Billion [+]
NFIB Business Optimism Index 104.40 104.80 108.80 80.10 Index Points [+]
Ism New York Index 65.40 67.80 88.80 23.40 percent [+]
Philadelphia Fed Manufacturing Index 17.00 9.10 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 3.90 11.50 39.00 -34.40 Index Points [+]
Richmond Fed Manufacturing Index -8.00 14.00 29.00 -44.00 Index Points [+]
Chicago Fed National Activity Index 0.22 0.00 2.77 -5.22 [+]
Dallas Fed Manufacturing Index -5.10 17.60 47.10 -60.10 Index Points [+]
Chicago Pmi 65.40 66.40 81.00 20.70 Index Points [+]
Car Production 3.00 2.71 9.92 1.29 Million Units [+]
Car Registrations 431.72 436.69 1149.00 331.50 Thousand [+]
Total Vehicle Sales 17.55 17.49 21.77 9.05 Million [+]
Crude Oil Stocks Change -2.68 -1.68 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change -81.00 -91.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change 7503.00 8066.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 124.80 124.54 124.80 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 -0.56 -6.27 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 852.00 873.00 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 85.64 84.84 85.64 5.42 Points [+]
Competitiveness Rank 1.00 1.00 7.00 1.00 [+]
Ease of Doing Business 8.00 6.00 8.00 4.00 [+]
Steel Production 7425.00 7571.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 13.40 12.90 108.20 -28.80 percent [+]


United States Composite PMI

In the United States, Markit Composite PMI Output Index tracks business trends across both manufacturing and service sectors (60 percent from the manufacturing sector and 40 percent from the services sector). The index is based on data collected from a representative panel of over 1,000 companies and follows variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity while below 50 points to contraction. This page provides the latest reported value for - United States Composite PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Composite PMI - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
54.40 54.70 61.00 50.00 2013 - 2018 Index Points Monthly
SA




Country Last Previous
Australia 52.40 Dec/18
Brazil 52.40 Dec/18
China 52.20 Dec/18
Euro Area 51.10 Dec/18
France 48.70 Dec/18
Germany 51.60 Dec/18
India 53.60 Dec/18
Italy 50.00 Dec/18
Japan 52.00 Dec/18
Russia 53.90 Dec/18
Singapore 52.70 Dec/18
South Africa 49.00 Dec/18
United Kingdom 51.40 Dec/18
United States 54.40 Dec/18


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