The IHS Markit Manufacturing PMI for the US fell to 60.5 in September of 2021 from 61.1 in August and below market forecasts of 61.5, preliminary estimates showed. The reading pointed to the slowest growth in factory activity in 5 months after a record high rate in July. Supply constraints and material shortages dampened output in September, with the expansion the lowest in 11 months. Lead times lengthened substantially as trucking issues and capacity shortages led to one of the greatest deteriorations in vendor performance on record. Also, manufacturers expanded their workforce numbers at a steeper rate and both new business and export orders expanded robustly. Input inflation eased while selling price inflation was at a record. Hopes of greater availability of materials and staff over the coming months, alongside stronger demand conditions, reportedly supported optimism at manufacturers although it fell to a 4-month low. source: Markit Economics
Manufacturing PMI in the United States averaged 53.82 points from 2012 until 2021, reaching an all time high of 63.40 points in July of 2021 and a record low of 36.10 points in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.
Manufacturing PMI in the United States is expected to be 60.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Manufacturing PMI is projected to trend around 51.00 points in 2022 and 52.00 points in 2023, according to our econometric models.