United States Manufacturing PMI  2012-2017 | Data | Chart | Calendar

The Markit flash US manufacturing PMI fell to 53.4 in March of 2017 from 54.2 in February and well below expectations of 54.8. It is the lowest reading since October of 2016, mainly due to a slowdown in new orders and lower stocks while input cost inflation picked up. Manufacturing PMI in the United States averaged 53.67 from 2012 until 2017, reaching an all time high of 57.90 in August of 2014 and a record low of 50.70 in May of 2016. Manufacturing PMI in the United States is reported by Markit Economics.

United States Manufacturing PMI
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US Manufacturing PMI Down To 5-Month Low: Markit


The Markit flash US manufacturing PMI fell to 53.4 in March of 2017 from 54.2 in February and well below expectations of 54.8. It is the lowest reading since October of 2016, mainly due to a slowdown in new orders and lower stocks while input cost inflation picked up.

Mirroring the overall trend for business activity, latest data signalled that manufacturing new order volumes expanded at the slowest pace for five months. This contributed to more cautious purchasing activity in March, alongside renewed efforts to streamline inventories. Reflecting this, preproduction stocks were accumulated at the weakest pace since last September, while finished goods inventories dropped for the first time in six months.

Input cost inflation meanwhile picked up in March, which survey respondents attributed to rising commodity prices (particularly metals). The overall rate of input price inflation was the fastest for twoand-a-half years. Efforts to pass on higher costs contributed to an upturn in factory gate price inflation to its strongest since November 2014.

Markit | Joana Taborda | joana.taborda@tradingeconomics.com
3/24/2017 1:52:19 PM



United States Business Last Previous Highest Lowest Unit
Business Confidence 57.70 56.00 77.50 29.40 [+]
Services PMI 52.90 53.80 61.00 49.30 Index Points [+]
Non Manufacturing PMI 57.60 56.50 62.00 37.60 percent [+]
Manufacturing PMI 53.40 54.20 57.90 50.70 [+]
Composite Pmi 53.20 54.10 61.00 50.00 Index Points [+]
Industrial Production 0.30 0.20 62.00 -33.70 percent [+]
Industrial Production Mom 0.00 -0.10 16.60 -10.40 percent [+]
Manufacturing Production 1.20 0.60 67.90 -39.40 percent [+]
Capacity Utilization 75.40 75.50 89.40 66.89 percent [+]
Durable Goods Orders 1.70 2.30 23.00 -18.40 percent [+]
Durable Goods Orders Ex Defense 2.10 2.10 25.70 -19.20 percent [+]
Durable Goods Orders Ex Transportation 0.40 0.20 6.40 -11.40 percent [+]
Factory Orders Ex Transportation 0.30 2.40 4.60 -7.10 percent [+]
New Orders 470202.00 464868.00 565232.00 223500.00 USD Million [+]
Factory Orders 1.20 1.30 10.20 -9.70 percent [+]
Business Inventories 0.30 0.40 1.40 -2.10 percent [+]
Changes in Inventories 46.20 7.10 117.20 -206.10 USD Billion [+]
Wholesale Inventories -0.30 0.80 2.10 -2.00 percent [+]
Bankruptcies 24114.00 24457.00 82446.00 19695.00 Companies [+]
Corporate Profits 1575.40 1477.10 1703.60 14.40 USD Billion [+]
NFIB Business Optimism Index 105.30 105.90 107.70 80.10 Index Points [+]
NY Empire State Manufacturing Index 16.40 18.70 38.99 -34.30 Index Points [+]
Philadelphia Fed Manufacturing Index 32.80 43.30 58.50 -57.90 Index Points [+]
Richmond Fed Manufacturing Index 17.00 12.00 26.00 -43.00 Index Points [+]
Ism New York Index 51.30 57.70 88.80 23.40 percent [+]
Chicago Fed National Activity Index 0.34 -0.02 2.72 -5.09 [+]
Dallas Fed Manufacturing Index 16.90 24.50 46.60 -59.50 Index Points [+]
Chicago Pmi 57.40 50.30 78.80 21.40 Index Points [+]
Total Vehicle Sales 17.58 17.61 21.77 9.05 Million [+]
Car Production 3.42 3.25 9.92 1.29 Million Units [+]
Car Registrations 441.40 553.65 1149.00 331.50 Thousand [+]
Crude Oil Stocks Change 4.95 -0.24 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change -150.00 -53.00 147.00 -287.00 Billion cf [+]
Gasoline Stocks Change -2811.00 -3055.00 11456.00 -8419.00 Thousand Barrels [+]
Leading Economic Index 180.69 179.83 180.69 70.21 Index Points [+]
Small Business Sentiment 51.67 49.03 59.12 48.35 [+]
Steel Production 6362.00 6874.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 1.80 -0.40 13.70 -12.60 percent [+]
Competitiveness Index 5.70 5.61 5.79 5.42 Points [+]
Competitiveness Rank 3.00 3.00 7.00 1.00 [+]
Ease of Doing Business 8.00 7.00 8.00 4.00 [+]
Corruption Index 74.00 76.00 78.00 71.00 Points [+]
Corruption Rank 18.00 16.00 24.00 14.00 [+]



United States Manufacturing PMI Notes

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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
53.40 54.20 57.90 50.70 2012 - 2017 Monthly
SA



Last
Australia 59.30 Feb/17
Austria 57.20 Feb/17
Brazil 46.90 Feb/17
Canada 54.70 Feb/17
China 51.70 Feb/17
Czech Republic 57.60 Feb/17
Denmark 57.32 Feb/17
Egypt 46.70 Feb/17
Euro Area 56.20 Mar/17
France 53.40 Mar/17
Germany 58.30 Mar/17
Greece 47.70 Feb/17
Hong Kong 49.60 Feb/17
Hungary 59.50 Feb/17
India 50.70 Feb/17
Indonesia 49.30 Feb/17
Ireland 53.80 Feb/17
Israel 61.20 Feb/17
Italy 55.00 Feb/17
Japan 52.60 Mar/17
Kenya 50.10 Feb/17
Lebanon 47.70 Feb/17
Malaysia 49.40 Feb/17
Mexico 50.60 Feb/17
Myanmar 51.90 Feb/17
Netherlands 58.30 Feb/17
New Zealand 55.20 Feb/17
Nigeria 44.60 Feb/17
Norway 52.60 Feb/17
Philippines 53.60 Feb/17
Poland 54.20 Feb/17
Puerto Rico 46.10 Dec/16
Russia 52.50 Feb/17
Saudi Arabia 57.00 Feb/17
Singapore 50.90 Feb/17
South Africa 52.50 Feb/17
South Korea 49.20 Feb/17
Spain 54.80 Feb/17
Sri Lanka 57.10 Feb/17
Sweden 60.90 Feb/17
Switzerland 57.80 Feb/17
Taiwan 54.50 Feb/17
Thailand 50.60 Feb/17
Turkey 49.70 Feb/17
United Arab Emirates 56.00 Feb/17
United Kingdom 54.60 Feb/17
United States 53.40 Mar/17
Vietnam 54.20 Feb/17
World 50.90 Jan/16