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

The Markit US Manufacturing PMI fell to 52.8 in April of 2017 from 53.3 in March and well below market expectations of 53.5, flash figures showed. It is the lowest reading since September of 2016, indicating another slowdown in manufacturing growth from the near two-year high in January, mainly due slower expansion in output and new orders. Manufacturing PMI in the United States averaged 53.65 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 Factory Activity Growth Lowest in 7 Months


The Markit US Manufacturing PMI fell to 52.8 in April of 2017 from 53.3 in March and well below market expectations of 53.5, flash figures showed. It is the lowest reading since September of 2016, indicating another slowdown in manufacturing growth from the near two-year high in January, mainly due slower expansion in output and new orders.

The main positive development was a slight rebound in manufacturing job creation from the seven-month low seen during March. 

Manufacturers were more cautious in terms of their pre-production inventories in April. The decline in stocks of inputs ended a six-month period of sustained inventory building. 

April data signalled a sharp and  accelerated rise in average cost burdens across the manufacturing sector. The rate of input cost inflation was the fastest since December 2013, which survey respondents linked to rising commodity prices (particularly metals). Meanwhile, pressure on margins from higher input costs contributed to the strongest increase in factory gate charges for almost two-and-a-half years.

Commenting on the flash PMI data, Chris Williamson, Chief Business Economist at IHS Markit said:

The PMI data suggest the US economy lost further momentum at the start of the second quarter. The surveys are signalling a GDP growth rate of 1.1% after 1.7% in the first quarter. “The vast services economy saw the weakest monthly expansion for seven months and the manufacturing sector showed signs of growth slowing further from the two-year high seen at the start of the year, despite export orders lifting higher. “The labour market also continued to soften. The surveys signalled a marked step-down in the pace of hiring in March which has continued into April. The latest survey data are consistent with only around 100,000 non-farm payroll growth. “The survey responses indicate that some froth has come off the economy since the post-election bounce seen at the end of last year. However, with inflows of new business picking up slightly in April and business optimism about the year ahead also brightening, there’s good reason to believe that growth could revive again in coming months.” 

Markit | Joana Taborda | joana.taborda@tradingeconomics.com
4/21/2017 2:04:47 PM



United States Business Last Previous Highest Lowest Unit
Business Confidence 57.20 57.70 77.50 29.40 [+]
Services PMI 52.50 52.80 61.00 49.30 Index Points [+]
Non Manufacturing PMI 55.20 57.60 62.00 37.60 percent [+]
Manufacturing PMI 52.80 53.30 57.90 50.70 [+]
Composite Pmi 52.70 53.00 61.00 50.00 Index Points [+]
Industrial Production 1.50 0.30 62.00 -33.70 percent [+]
Industrial Production Mom 0.50 0.10 16.60 -10.40 percent [+]
Manufacturing Production 0.80 1.00 67.90 -39.40 percent [+]
Capacity Utilization 76.10 75.70 89.40 66.70 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 0.40 0.50 4.60 -7.10 percent [+]
New Orders 476493.00 470202.00 565232.00 223500.00 USD Million [+]
Factory Orders 1.00 1.50 10.20 -9.70 percent [+]
Business Inventories 0.30 0.30 1.40 -2.10 percent [+]
Changes in Inventories 49.60 7.10 117.20 -206.10 USD Billion [+]
Wholesale Inventories 0.40 -0.20 2.10 -2.00 percent [+]
Bankruptcies 24114.00 24457.00 82446.00 19695.00 Companies [+]
Corporate Profits 1611.40 1575.40 1703.60 14.40 USD Billion [+]
NFIB Business Optimism Index 104.70 105.30 107.70 80.10 Index Points [+]
NY Empire State Manufacturing Index 5.20 16.40 38.99 -34.30 Index Points [+]
Philadelphia Fed Manufacturing Index 22.00 32.80 58.50 -57.90 Index Points [+]
Richmond Fed Manufacturing Index 22.00 17.00 26.00 -43.00 Index Points [+]
Ism New York Index 56.50 51.30 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 57.70 57.40 78.80 21.40 Index Points [+]
Total Vehicle Sales 16.62 17.58 21.77 9.05 Million [+]
Car Production 3.13 3.42 9.92 1.29 Million Units [+]
Car Registrations 502.25 441.40 1149.00 331.50 Thousand [+]
Crude Oil Stocks Change -1.03 -2.17 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 54.00 10.00 147.00 -287.00 Billion cf [+]
Gasoline Stocks Change 1542.00 -2973.00 11456.00 -8419.00 Thousand Barrels [+]
Leading Economic Index 181.81 181.47 181.81 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 2.90 1.00 108.20 -28.80 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 April of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
52.80 53.30 57.90 50.70 2012 - 2017 Monthly
SA



Last
Australia 57.50 Mar/17
Austria 56.80 Mar/17
Brazil 49.60 Mar/17
Canada 55.50 Mar/17
China 51.20 Mar/17
Czech Republic 57.50 Mar/17
Denmark 57.20 Mar/17
Egypt 45.90 Mar/17
Euro Area 56.80 Apr/17
France 55.10 Apr/17
Germany 58.20 Apr/17
Greece 46.70 Mar/17
Hong Kong 49.90 Mar/17
Hungary 56.00 Mar/17
India 52.50 Mar/17
Indonesia 50.50 Mar/17
Ireland 53.60 Mar/17
Israel 61.20 Feb/17
Italy 55.70 Mar/17
Japan 52.80 Apr/17
Kenya 48.50 Mar/17
Lebanon 46.90 Mar/17
Malaysia 49.50 Mar/17
Mexico 51.50 Mar/17
Myanmar 53.10 Mar/17
Netherlands 57.80 Mar/17
New Zealand 57.80 Mar/17
Nigeria 47.70 Mar/17
Norway 54.70 Mar/17
Philippines 53.80 Mar/17
Poland 53.50 Mar/17
Puerto Rico 46.10 Dec/16
Russia 52.40 Mar/17
Saudi Arabia 56.40 Mar/17
Singapore 51.20 Mar/17
South Africa 52.20 Mar/17
South Korea 48.40 Mar/17
Spain 53.90 Mar/17
Sri Lanka 66.50 Mar/17
Sweden 65.20 Mar/17
Switzerland 58.60 Mar/17
Taiwan 56.20 Mar/17
Thailand 50.20 Mar/17
Turkey 52.30 Mar/17
United Arab Emirates 56.20 Mar/17
United Kingdom 54.20 Mar/17
United States 52.80 Apr/17
Vietnam 54.60 Mar/17
World 50.90 Jan/16