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

The IHS Markit US Manufacturing PMI was revised higher to 54.7 in August of 2018 from a preliminary of 54.5 but remained below 55.3 in July. The reading pointed to the slowest expansion in factory activity since November as rates of output and new order growth eased although remained solid. On the other hand, business confidence reached the highest in three months. Manufacturing PMI in the United States is reported by Markit Economics.

United States Manufacturing PMI
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US Manufacturing PMI Revised Higher: Markit


The IHS Markit US Manufacturing PMI was revised higher to 54.7 in August of 2018 from a preliminary of 54.5 but remained below 55.3 in July. The reading pointed to the slowest expansion in factory activity since November as rates of output and new order growth eased although remained solid. On the other hand, business confidence reached the highest in three months.

Output growth across the goods-producing sector remained strong, despite the rate of expansion softening to an 11-month low. Panellists that reported higher output generally linked this to greater new order volumes.

Similarly, new business rose at a slightly slower, albeit still strong, rate in August. Anecdotal evidence stated that greater new orders from home and abroad had driven growth. Moreover, new business from abroad returned to expansionary territory. However, some panellists noted that client demand was relatively lacklustre when compared to the start of the year, leading to a slightly weaker overall upturn.

Consequently, rates of employment and backlog growth remained solid. This was despite rates of growth softening to four-month lows. Anecdotal evidence commonly stated that job creation stemmed from increased production requirements and greater efforts to recruit skilled labour. On the price front, manufacturers signalled a marked rise in input costs. Although the rate of inflation softened to a six-month low, it remained marked and was linked to new trucking regulations, higher raw material prices (in part driven by tariffs), and supply shortages (especially for electronics components). 

Average charges rose strongly, with respondents reportedly partly passing higher costs on to clients in order to protect profit margins. Although dipping to a five-month low, the rate of inflation remained well above the long-run series trend.

Meanwhile, supplier delivery times lengthened further in August. Although lead times increased to the weakest extent since February, the rate of deterioration remained historically marked. Panellists continued to report widespread stockpiling of inputs, with buying activity rising solidly.

Finally, expectations towards output over the coming 12 months improved. The degree of confidence reached a three-month high. 


Markit | Joana Taborda | joana.taborda@tradingeconomics.com
9/4/2018 1:51:53 PM



United States Business Last Previous Highest Lowest Unit
Business Confidence 61.30 58.10 77.50 29.40 Index Points [+]
Manufacturing PMI 54.70 55.30 57.90 50.70 [+]
Services PMI 54.80 56.00 61.00 49.30 Index Points [+]
Non Manufacturing PMI 58.50 55.70 62.00 37.60 [+]
Composite Pmi 54.70 55.70 61.00 50.00 Index Points [+]
Industrial Production 4.90 4.00 62.00 -33.70 percent [+]
Industrial Production Mom 0.40 0.40 16.60 -10.40 percent [+]
Manufacturing Production 3.10 2.60 67.90 -39.40 percent [+]
Capacity Utilization 78.08 77.90 89.39 66.71 percent [+]
Durable Goods Orders -1.70 0.70 23.50 -19.00 percent [+]
Durable Goods Orders Ex Defense -1.00 1.20 26.00 -19.70 percent [+]
Durable Goods Orders Ex Transportation 0.20 0.10 7.50 -6.80 percent [+]
Factory Orders Ex Transportation 0.20 0.40 4.60 -7.20 percent [+]
New Orders 497754.00 501718.00 565232.00 223500.00 USD Million [+]
Factory Orders -0.80 0.60 10.60 -10.00 percent [+]
Business Inventories 0.60 0.10 1.30 -2.00 percent [+]
Changes in Inventories -26.93 30.34 166.37 -245.13 USD Billion [+]
Wholesale Inventories 0.60 0.10 2.10 -2.00 percent [+]
Bankruptcies 22245.00 23106.00 82446.00 19695.00 Companies [+]
Corporate Profits 2012.60 1965.30 2012.60 14.70 USD Billion [+]
NFIB Business Optimism Index 108.80 107.90 108.80 80.10 Index Points [+]
Ism New York Index 76.50 75.00 88.80 23.40 percent [+]
Philadelphia Fed Manufacturing Index 11.90 25.70 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 19.00 25.60 39.00 -35.10 Index Points [+]
Richmond Fed Manufacturing Index 24.00 20.00 27.00 -44.00 Index Points [+]
Chicago Fed National Activity Index 0.13 0.48 2.76 -5.21 [+]
Dallas Fed Manufacturing Index 30.90 32.30 47.10 -60.10 Index Points [+]
Chicago Pmi 63.60 65.50 81.00 20.70 Index Points [+]
Car Production 2.45 3.00 9.92 1.29 Million Units [+]
Car Registrations 464.21 525.48 1149.00 331.50 Thousand [+]
Total Vehicle Sales 16.72 16.77 21.77 9.05 Million [+]
Crude Oil Stocks Change -5.30 -4.30 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 69.00 63.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change 1250.00 1845.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 123.61 123.25 123.61 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 1.25 -8.64 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 867.00 860.00 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 7275.00 6847.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 14.10 12.70 108.20 -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 September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
54.70 55.30 57.90 50.70 2012 - 2018 Monthly
SA




manufacturing pmi by Country
Country Last
Australia 56.70 Aug/18
Brazil 51.10 Aug/18
Canada 56.80 Aug/18
China 50.60 Aug/18
Euro Area 54.60 Aug/18
France 53.50 Aug/18
Germany 55.90 Aug/18
India 51.70 Aug/18
Indonesia 51.90 Aug/18
Italy 50.10 Aug/18
Japan 52.50 Aug/18
Mexico 50.70 Aug/18
Netherlands 59.10 Aug/18
Russia 48.90 Aug/18
Saudi Arabia 55.10 Aug/18
Singapore 52.60 Aug/18
South Africa 43.40 Aug/18
South Korea 49.90 Aug/18
Spain 53.00 Aug/18
Switzerland 64.80 Aug/18
Turkey 46.40 Aug/18
United Kingdom 52.80 Aug/18
United States 54.70 Aug/18


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