United States Manufacturing PMI  2012-2016 | Data | Chart | Calendar

The flash Markit Manufacturing PMI in the United States came in at 51.4 in June of 2016, up from 50.7 in the previous month and beating market expectations of 50.8. It is the highest figure in three months. New business growth accelerated helped by fastest rise in export sales since September of 2014 and output levels increased. Manufacturing PMI in the United States averaged 53.72 from 2012 until 2016, 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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Actual Previous Highest Lowest Dates Unit Frequency
51.40 50.70 57.90 50.70 2012 - 2016 Monthly
SA
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 June of 2016.


US Markit Manufacturing PMI Beats Expectations


The flash Markit Manufacturing PMI in the United States came in at 51.4 in June of 2016, up from 50.7 in the previous month and beating market expectations of 50.8. It is the highest figure in three months. New business growth accelerated helped by fastest rise in export sales since September of 2014 and output levels increased.

Manufacturers indicated a modest rise in production volumes during June, which survey respondents mainly linked to signs of a rebound in customer demand and a corresponding upturn in new work. The latest increase in new business was the strongest since March, although subdued in comparison to the post-crisis average. New orders from abroad expanded at the fastest pace for almost two years, suggesting an additional boost to growth from greater export sales in June. 

Despite stronger new business growth, a number of manufacturers noted that heightened economic uncertainty had led to delayed decision making and greater risk aversion among clients in June. Moreover, concerns about the business outlook contributed to tighter inventory management across the manufacturing sector. Stocks of purchases fell at the fastest pace since January 2014, while postproduction inventories dropped at the secondfastest pace recorded so far this year. At the same time, supplier lead-times lengthened to the greatest extent since last September, which some firms linked to lower stocks among vendors. 

While manufacturers indicated sustained caution in terms of their stock policies, this contrasted with more positive trends for staff recruitment in June. Employment growth picked up further from the near three-year low record in April, in part reflecting a renewed increase in backlogs of work across the manufacturing sector. Volumes of work outstanding rose for the first time since the start of 2016, thereby suggesting greater capacity pressures among manufacturers in June. 

Meanwhile, input price inflation accelerated again in June. Although still subdued in comparison to the long-run survey average, the latest rise in average cost burdens was the fastest since November 2014. There were a number of reports citing higher raw material prices in June, especially for steel. Greater input prices in turn contributed to the strongest increase in factory gate charges since January.

Markit | Joana Taborda | joana.taborda@tradingeconomics.com
6/23/2016 2:55:43 PM

United States Business Last Previous Highest Lowest Unit
Business Confidence 51.30 48.00 77.50 29.40 [+]
Manufacturing PMI 51.40 50.70 57.90 50.70 [+]
Services PMI 51.30 51.30 61.00 49.30 Index Points [+]
Non Manufacturing PMI 52.90 53.40 62.00 37.60 percent [+]
Composite Pmi 51.20 50.90 61.00 50.00 Index Points [+]
Industrial Production -1.40 -1.10 62.00 -33.70 percent [+]
Industrial Production Mom -0.40 0.70 16.60 -10.40 percent [+]
Manufacturing Production -0.10 0.40 67.90 -39.40 percent [+]
Capacity Utilization 74.90 75.30 89.40 66.89 percent [+]
Durable Goods Orders -2.20 3.40 23.00 -18.40 percent [+]
Durable Goods Orders Ex Defense -0.90 3.70 25.70 -19.20 percent [+]
Durable Goods Orders Ex Transportation -0.30 0.40 2.80 -4.40 percent [+]
Factory Orders Ex Transportation 0.50 1.00 4.60 -7.10 percent [+]
New Orders 460508.00 458377.00 565232.00 223500.00 USD Million [+]
Factory Orders 1.90 1.70 10.20 -9.70 percent [+]
Business Inventories 0.10 0.40 1.40 -2.10 percent [+]
Changes in Inventories 68.30 78.30 117.20 -206.10 USD Billion [+]
Wholesale Inventories 0.60 0.10 2.10 -2.00 percent [+]
Bankruptcies 24797.00 24735.00 82446.00 19695.00 Companies [+]
Corporate Profits 1388.50 1380.40 1642.70 14.40 USD Billion [+]
NFIB Business Optimism Index 93.80 93.60 107.70 80.10 Index Points [+]
Ism New York Index 37.20 57.00 88.80 23.40 percent [+]
Dallas Fed Manufacturing Index -18.30 -20.80 47.00 -60.20 Index Points [+]
Chicago Fed National Activity Index -0.51 0.05 2.71 -5.04 [+]
Philadelphia Fed Manufacturing Index 4.70 -1.80 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 6.01 -9.02 38.99 -34.82 Index Points [+]
Richmond Fed Manufacturing Index -7.00 -1.00 27.00 -42.00 Index Points [+]
Chicago Pmi 49.30 50.40 78.80 21.40 Index Points [+]
Total Vehicle Sales 17.45 17.42 21.77 9.05 Millions [+]
Car Production 3.78 3.96 9.92 1.29 Million Units [+]
Car Registrations 622.70 574.50 1149.00 331.50 Thousand [+]
Crude Oil Stocks Change -0.92 -0.93 12.49 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 62.00 69.00 147.00 -287.00 Billion cf [+]
Gasoline Stocks Change 627.00 -2625.00 11456.00 -8419.00 Thousand Barrels (MB) [+]
Leading Economic Index 179.01 178.30 179.01 70.21 Index Points [+]
Small Business Sentiment 51.67 49.03 59.12 48.35 [+]
Steel Production 6820.00 6571.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production -11.50 -13.20 13.70 -13.20 percent [+]
Corruption Index 76.00 74.00 78.00 71.00 Points [+]
Corruption Rank 16.00 17.00 24.00 14.00 [+]
Ease of Doing Business 7.00 7.00 7.00 4.00 [+]
Competitiveness Index 5.61 5.54 5.79 5.42 Points [+]
Competitiveness Rank 3.00 3.00 7.00 1.00 [+]




Last
Australia 51.00 May/16
Austria 52.00 May/16
Brazil 41.60 May/16
Canada 52.10 May/16
China 49.20 May/16
Czech Republic 53.30 May/16
Denmark 60.90 May/16
Egypt 47.60 May/16
Euro Area 52.60 Jun/16
France 47.90 Jun/16
Germany 54.40 Jun/16
Greece 48.40 May/16
Hong Kong 47.20 May/16
Hungary 52.32 May/16
India 50.70 May/16
Indonesia 50.60 May/16
Ireland 51.50 May/16
Israel 50.50 Apr/16
Italy 52.40 May/16
Japan 47.80 Jun/16
Kenya 54.00 May/16
Lebanon 44.80 May/16
Malaysia 47.20 May/16
Mexico 53.60 May/16
Netherlands 52.70 May/16
New Zealand 57.10 May/16
Nigeria 45.80 May/16
Norway 51.10 May/16
Poland 52.10 May/16
Puerto Rico 54.00 Mar/16
Russia 49.60 May/16
Saudi Arabia 54.80 May/16
Singapore 49.80 May/16
South Africa 51.90 May/16
South Korea 50.10 May/16
Spain 51.80 May/16
Sri Lanka 47.90 May/16
Sweden 54.00 May/16
Switzerland 55.80 May/16
Taiwan 48.50 May/16
Turkey 49.40 May/16
United Arab Emirates 54.00 May/16
United Kingdom 50.10 May/16
United States 51.40 Jun/16
Vietnam 52.70 May/16
World 50.90 Jan/16