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

The Markit Flash US Manufacturing PMI came in at 52.9 in July of 2016, up from 51.3 in June and much better than market expectations of 51.6. It is the highest reading since October last year as output and new business growth accelerated and payrolls rose the most in 12 months. Manufacturing PMI in the United States averaged 53.70 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
52.90 51.30 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 July of 2016.


US Markit manufacturing PMI at 9-Month High


The Markit Flash US Manufacturing PMI came in at 52.9 in July of 2016, up from 51.3 in June and much better than market expectations of 51.6. It is the highest reading since October last year as output and new business growth accelerated and payrolls rose the most in 12 months.

Higher levels of manufacturing production have now been recorded for the past two months, with the latest expansion the fastest since November 2015. Survey respondents commented on strong sales growth, the launch of new products and generally favourable domestic economic conditions. Some firms noted that weak demand from the energy sector and uncertainty related to the presidential election remained growth headwinds. 

An acceleration of production growth was driven by a robust rise in new business volumes in July. The latest expansion was the fastest for nine months and close to its post-crisis average. Meanwhile, new export orders rose at a weaker pace than seen for overall new business, suggesting that domestic markets remained the main driver of growth in July. However, although only modest, the latest rise in new export orders still compared favourably with the stagnation seen on average over the past year-and-a-half. 

Improved demand conditions and greater production volumes encouraged further job creation across the manufacturing sector in July. The latest survey highlighted a solid upturn in employment numbers, with the pace of expansion the fastest for exactly one year.

Manufacturers also boosted their input buying in response to greater workloads. Higher levels of purchasing activity have now been recorded for three months running, but the latest survey indicated that input stocks were depleted again. Finished goods inventories also decreased in July, which firms linked to deliberate stock reduction policies and associated efforts to boost efficiency. 

Meanwhile, the latest survey signalled a solid pace of input cost inflation across the manufacturing sector. Increased input prices have now been recorded for four months in a row and the rate of inflation picked up to its strongest since November 2014. 

Anecdotal evidence suggested that higher steel prices and rising staff salaries had contributed to upward pressure on average cost burdens. Despite a faster rise in input costs, July data signalled that output charge inflation remained marginal and eased since the previous month.

Markit | Joana Taborda | joana.taborda@tradingeconomics.com
7/22/2016 2:58:10 PM

United States Business Last Previous Highest Lowest Unit
Business Confidence 53.20 51.30 77.50 29.40 [+]
Manufacturing PMI 52.90 51.30 57.90 50.70 [+]
Services PMI 51.40 51.30 61.00 49.30 Index Points [+]
Non Manufacturing PMI 56.50 52.90 62.00 37.60 percent [+]
Composite Pmi 51.20 50.90 61.00 50.00 Index Points [+]
Industrial Production -0.70 -1.40 62.00 -33.70 percent [+]
Industrial Production Mom 0.60 -0.30 16.60 -10.40 percent [+]
Manufacturing Production 0.40 -0.20 67.90 -39.40 percent [+]
Capacity Utilization 75.40 74.90 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 0.10 0.30 4.60 -7.10 percent [+]
New Orders 455239.00 460508.00 565232.00 223500.00 USD Million [+]
Factory Orders -1.00 1.80 10.20 -9.70 percent [+]
Business Inventories 0.20 0.10 1.40 -2.10 percent [+]
Changes in Inventories 68.30 78.30 117.20 -206.10 USD Billion [+]
Wholesale Inventories 0.10 0.70 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 94.50 93.80 107.70 80.10 Index Points [+]
Ism New York Index 45.40 37.20 88.80 23.40 percent [+]
Dallas Fed Manufacturing Index -18.30 -20.80 47.00 -60.20 Index Points [+]
Chicago Fed National Activity Index 0.16 -0.56 2.71 -5.05 [+]
Philadelphia Fed Manufacturing Index -2.90 4.70 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index 0.55 6.01 38.99 -34.82 Index Points [+]
Richmond Fed Manufacturing Index -7.00 -1.00 27.00 -42.00 Index Points [+]
Chicago Pmi 56.80 49.30 78.80 21.40 Index Points [+]
Total Vehicle Sales 16.70 17.45 21.77 9.05 Millions [+]
Car Production 4.12 3.78 9.92 1.29 Million Units [+]
Car Registrations 567.10 623.12 1149.00 331.50 Thousand [+]
Crude Oil Stocks Change -2.34 -2.55 12.49 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 34.00 64.00 147.00 -287.00 Billion cf [+]
Gasoline Stocks Change 911.00 1213.00 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 6833.00 6820.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production -10.50 -11.50 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 51.80 Jun/16
Austria 54.50 Jun/16
Brazil 43.20 Jun/16
Canada 51.80 Jun/16
China 48.60 Jun/16
Czech Republic 51.80 Jun/16
Denmark 60.40 Jun/16
Egypt 47.50 Jun/16
Euro Area 51.90 Jul/16
France 48.60 Jul/16
Germany 53.70 Jul/16
Greece 50.40 Jun/16
Hong Kong 45.40 Jun/16
Hungary 50.90 Jun/16
India 51.70 Jun/16
Indonesia 51.90 Jun/16
Ireland 53.00 Jun/16
Israel 48.80 Jun/16
Italy 53.50 Jun/16
Japan 49.00 Jul/16
Kenya 51.50 Jun/16
Lebanon 44.40 Jun/16
Malaysia 47.10 Jun/16
Mexico 51.10 Jun/16
Netherlands 52.00 Jun/16
New Zealand 57.70 Jun/16
Nigeria 41.90 Jun/16
Norway 53.50 Jun/16
Poland 51.80 Jun/16
Puerto Rico 54.00 Mar/16
Russia 51.50 Jun/16
Saudi Arabia 54.40 Jun/16
Singapore 49.60 Jun/16
South Africa 53.70 Jun/16
South Korea 50.50 Jun/16
Spain 52.20 Jun/16
Sri Lanka 47.90 May/16
Sweden 53.00 Jun/16
Switzerland 51.60 Jun/16
Taiwan 50.50 Jun/16
Turkey 47.40 Jun/16
United Arab Emirates 53.40 Jun/16
United Kingdom 49.10 Jul/16
United States 52.90 Jul/16
Vietnam 52.60 Jun/16
World 50.90 Jan/16