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

The Markit Flash US Manufacturing PMI came in at 52.1 in August of 2016, down from 52.9 in the previous month and lower than market expectations of 52.7. Production continued to expand although new orders growth slowed despite a faster increase in export sales and job creation also eased. Manufacturing PMI in the United States averaged 53.67 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
Receive the next reported value for United States Manufacturing PMI in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website

Actual Previous Highest Lowest Dates Unit Frequency
52.10 52.90 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 August of 2016.


US Markit Manufacturing PMI Lower than Expected


The Markit Flash US Manufacturing PMI came in at 52.1 in August of 2016, down from 52.9 in the previous month and lower than market expectations of 52.7. Production continued to expand although new orders growth slowed despite a faster increase in export sales and job creation also eased.

U.S. manufacturers signalled increased output for the third month running in August. Furthermore, the rate of expansion remained solid overall, having edged up slightly from July to a nine-month high. Anecdotal evidence suggested that new product launches, stronger underlying demand and new marketing strategies had supported production growth in August.

Although solid growth of output was sustained, total new orders expanded at a slower rate in August. Data indicated that relatively subdued domestic demand was a reason behind softer growth in overall new work, as export sales increased at the fastest pace in 23 months. While some companies commented that a number of clients had adopted a wait-and-a-see approach until the outcome of the presidential election, others mentioned that total new work had been boosted by new foreign client wins over the latest survey period.

Manufacturing employment increased only slightly during August. Furthermore, it was the weakest rate of payroll growth seen for four months. Greater staff numbers were generally linked to higher amounts of new work. At the same time, other firms mentioned that efforts to raise efficiency had weighed on overall jobs growth. August survey data pointed to a further rise in purchasing activity, which was generally attributed to greater amounts of incoming new work. In line with the trend for new orders, however, the rate of expansion slowed since July. Meanwhile, stocks of finished goods and purchased items both fell as companies generally adopted cautious inventory policies.

Average cost burdens faced by U.S. manufacturers rose only slightly during August. Furthermore, the rate of input price inflation was the slowest seen in the current five-month sequence of increasing costs.

Prices charged for U.S. manufactured goods were unchanged in August, thereby ending a three-month sequence of increase. According to anecdotal evidence, greater competition for new work had weighed on the overall pricing power of firms in the latest survey period.

Markit | Joana Taborda | joana.taborda@tradingeconomics.com
8/23/2016 2:58:54 PM

United States Business Last Previous Highest Lowest Unit
Business Confidence 52.60 53.20 77.50 29.40 [+]
Manufacturing PMI 52.10 52.90 57.90 50.70 [+]
Non Manufacturing PMI 55.50 56.50 62.00 37.60 percent [+]
Services PMI 50.90 51.40 61.00 49.30 Index Points [+]
Composite Pmi 51.50 51.80 61.00 50.00 Index Points [+]
Industrial Production -0.50 -0.70 62.00 -33.70 percent [+]
Industrial Production Mom 0.70 0.40 16.60 -10.40 percent [+]
Manufacturing Production 0.20 0.30 67.90 -39.40 percent [+]
Capacity Utilization 75.92 75.38 89.40 66.89 percent [+]
Durable Goods Orders 4.40 -4.20 23.00 -18.40 percent [+]
Durable Goods Orders Ex Defense 3.80 -4.00 25.70 -19.20 percent [+]
Durable Goods Orders Ex Transportation 1.50 -0.30 2.80 -4.40 percent [+]
Factory Orders Ex Transportation 0.40 0.20 4.60 -7.10 percent [+]
Factory Orders -1.50 -1.20 10.20 -9.70 percent [+]
New Orders 447425.00 455239.00 565232.00 223500.00 USD Million [+]
Business Inventories 0.20 0.20 1.40 -2.10 percent [+]
Changes in Inventories -8.10 40.70 117.20 -206.10 USD Billion [+]
Wholesale Inventories 0.30 0.20 2.10 -2.00 percent [+]
Bankruptcies 25227.00 24797.00 82446.00 19695.00 Companies [+]
Corporate Profits 1388.50 1380.40 1642.70 14.40 USD Billion [+]
NFIB Business Optimism Index 94.60 94.50 107.70 80.10 Index Points [+]
Philadelphia Fed Manufacturing Index 2.00 -2.90 58.50 -57.90 Index Points [+]
Richmond Fed Manufacturing Index -11.00 10.00 26.00 -43.00 Index Points [+]
Ism New York Index 60.70 45.40 88.80 23.40 percent [+]
NY Empire State Manufacturing Index -4.21 0.55 38.99 -34.82 Index Points [+]
Dallas Fed Manufacturing Index -1.30 -18.30 46.60 -59.50 Index Points [+]
Chicago Fed National Activity Index 0.27 0.05 2.71 -5.05 [+]
Chicago Pmi 55.80 56.80 78.80 21.40 Index Points [+]
Total Vehicle Sales 17.88 16.74 21.77 9.05 Millions [+]
Car Production 4.02 4.12 9.92 1.29 Million Units [+]
Car Registrations 640.75 567.10 1149.00 331.50 Thousand [+]
Crude Oil Stocks Change 2.50 -2.51 12.49 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 11.00 22.00 147.00 -287.00 Billion cf [+]
Gasoline Stocks Change 36.00 -2724.00 11456.00 -8419.00 Thousand Barrels (MB) [+]
Leading Economic Index 177.74 179.01 179.01 70.21 Index Points [+]
Small Business Sentiment 51.67 49.03 59.12 48.35 [+]
Steel Production 6833.00 6820.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production -10.20 -9.80 13.70 -12.50 percent [+]
Ease of Doing Business 7.00 7.00 7.00 4.00 [+]
Corruption Index 76.00 74.00 78.00 71.00 Points [+]
Corruption Rank 16.00 17.00 24.00 14.00 [+]
Competitiveness Index 5.61 5.54 5.79 5.42 Points [+]
Competitiveness Rank 3.00 3.00 7.00 1.00 [+]




Last
Australia 56.40 Jul/16
Austria 53.20 Jul/16
Brazil 46.00 Jul/16
Canada 51.90 Jul/16
China 50.60 Jul/16
Czech Republic 49.30 Jul/16
Denmark 63.28 Jul/16
Egypt 48.90 Jul/16
Euro Area 51.80 Aug/16
France 48.50 Aug/16
Germany 53.60 Aug/16
Greece 48.70 Jul/16
Hong Kong 47.20 Jul/16
Hungary 53.90 Jul/16
India 51.80 Jul/16
Indonesia 48.40 Jul/16
Ireland 50.20 Jul/16
Israel 50.10 Jul/16
Italy 51.20 Jul/16
Japan 49.60 Aug/16
Kenya 53.30 Jul/16
Lebanon 45.50 Jul/16
Malaysia 48.10 Jul/16
Mexico 50.60 Jul/16
Netherlands 53.20 Jul/16
New Zealand 55.80 Jul/16
Nigeria 44.10 Jul/16
Norway 54.80 Jul/16
Poland 50.30 Jul/16
Puerto Rico 50.70 Jun/16
Russia 49.50 Jul/16
Saudi Arabia 56.00 Jul/16
Singapore 49.30 Jul/16
South Africa 52.50 Jul/16
South Korea 50.10 Jul/16
Spain 51.00 Jul/16
Sri Lanka 50.60 Jul/16
Sweden 55.40 Jul/16
Switzerland 50.10 Jul/16
Taiwan 51.00 Jul/16
Turkey 47.60 Jul/16
United Arab Emirates 55.30 Jul/16
United Kingdom 48.20 Jul/16
United States 52.10 Aug/16
Vietnam 51.90 Jul/16
World 50.90 Jan/16