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

The final Markit US Manufacturing PMI increased to 54.3 in December of 2016 from a preliminary reading of 54.2 and 54.1 in November. It is the highest value since March of 2015, boosted by rises in new orders and production volumes and the fastest upturn in payroll numbers since June of 2015. Manufacturing PMI in the United States averaged 53.64 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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US Markit Manufacturing PMI Revised Up In December


The final Markit US Manufacturing PMI increased to 54.3 in December of 2016 from a preliminary reading of 54.2 and 54.1 in November. It is the highest value since March of 2015, boosted by rises in new orders and production volumes and the fastest upturn in payroll numbers since June of 2015.

Manufacturing production expanded at a robust pace in December, which marked seven months of sustained recovery. That said, the rate of output growth eased from November’s 20-month peak. Survey respondents cited improving order books and efforts to boost inventories. Reflecting this, stocks of finished goods rose at the fastest pace since February 2015.

New order growth eased fractionally since November but remained close to the strongest seen for two years. Anecdotal evidence suggested that improving domestic economic conditions and greater willingness-to-spend among clients had underpinned the latest upturn in new work. December data signalled a continued headwind from subdued export sales, with new orders from abroad increasing at only a marginal pace. Manufacturers cited the strong dollar and intense competition for new work in key export markets. 

Job creation picked up further from the near three year-low seen back in April. Moreover, the latest increase in payroll numbers was the steepest recorded since June 2015. Survey respondents commented on efforts to boost operating capacity and relatively upbeat expectations for client demand. Greater workloads also led to a solid upturn in input buying during December and the most marked rise in pre-production stocks for 28 months. Despite stronger demand for inputs, suppliers’ delivery times shortened for the first time since February.

Input price inflation accelerated for the third time in the past four months during December. Moreover, the latest rise in average cost burdens was the sharpest since October 2014, which manufacturers mainly linked to greater raw material prices (especially metals). Factory gate charges also increased at the end of 2016, although the rate of inflation remained only modest.

Markit | Joana Taborda | joana.taborda@tradingeconomics.com
1/3/2017 2:54:30 PM



United States Business Last Previous Highest Lowest Unit
Business Confidence 54.70 53.20 77.50 29.40 [+]
Manufacturing PMI 54.30 54.10 57.90 50.70 [+]
Non Manufacturing PMI 57.20 57.20 62.00 37.60 percent [+]
Services PMI 53.90 54.60 61.00 49.30 Index Points [+]
Composite Pmi 54.10 54.90 61.00 50.00 Index Points [+]
Industrial Production 0.50 -0.70 62.00 -33.70 percent [+]
Industrial Production Mom 0.80 -0.70 16.60 -10.40 percent [+]
Manufacturing Production 0.20 0.00 67.90 -39.40 percent [+]
Capacity Utilization 75.46 74.89 89.40 66.89 percent [+]
Durable Goods Orders -4.60 4.80 23.00 -18.40 percent [+]
Durable Goods Orders Ex Defense -6.60 5.10 25.70 -19.20 percent [+]
Durable Goods Orders Ex Transportation 0.50 0.90 6.40 -11.40 percent [+]
Factory Orders Ex Transportation 0.10 0.80 4.60 -7.10 percent [+]
Factory Orders -2.40 2.80 10.20 -9.70 percent [+]
New Orders 458329.00 469419.00 565232.00 223500.00 USD Million [+]
Business Inventories 0.70 -0.10 1.40 -2.10 percent [+]
Changes in Inventories 7.10 -9.50 117.20 -206.10 USD Billion [+]
Wholesale Inventories 1.00 -0.10 2.10 -2.00 percent [+]
Bankruptcies 24457.00 25227.00 82446.00 19695.00 Companies [+]
Corporate Profits 1575.40 1477.10 1703.60 14.40 USD Billion [+]
NFIB Business Optimism Index 105.80 98.40 107.70 80.10 Index Points [+]
Philadelphia Fed Manufacturing Index 21.50 7.60 58.50 -57.90 Index Points [+]
Richmond Fed Manufacturing Index 8.00 4.00 26.00 -43.00 Index Points [+]
Ism New York Index 63.80 52.50 88.80 23.40 percent [+]
NY Empire State Manufacturing Index 6.50 7.60 38.99 -34.30 Index Points [+]
Dallas Fed Manufacturing Index 15.50 10.20 46.60 -59.50 Index Points [+]
Chicago Fed National Activity Index -0.27 -0.05 2.71 -5.05 [+]
Chicago Pmi 54.60 57.60 78.80 21.40 Index Points [+]
Total Vehicle Sales 18.43 17.87 21.77 9.05 Million [+]
Car Production 3.80 3.75 9.92 1.29 Million Units [+]
Car Registrations 498.93 567.34 1149.00 331.50 Thousand [+]
Crude Oil Stocks Change 4.10 -7.05 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change -151.00 -49.00 147.00 -287.00 Billion cf [+]
Gasoline Stocks Change 5023.00 8307.00 11456.00 -8419.00 Thousand Barrels (MB) [+]
Leading Economic Index 179.83 179.32 179.83 70.21 Index Points [+]
Small Business Sentiment 51.67 49.03 59.12 48.35 [+]
Steel Production 6226.00 6382.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production -2.80 -5.00 13.70 -12.60 percent [+]
Ease of Doing Business 8.00 7.00 8.00 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 5.70 5.61 5.79 5.42 Points [+]
Competitiveness Rank 3.00 3.00 7.00 1.00 [+]



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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
54.30 54.10 57.90 50.70 2012 - 2016 Monthly
SA



Last
Australia 55.40 Dec/16
Austria 56.30 Dec/16
Brazil 45.20 Dec/16
Canada 51.80 Dec/16
China 51.90 Dec/16
Czech Republic 53.80 Dec/16
Denmark 64.29 Dec/16
Egypt 42.80 Dec/16
Euro Area 54.90 Dec/16
France 53.50 Dec/16
Germany 55.60 Dec/16
Greece 49.30 Dec/16
Hong Kong 50.30 Dec/16
Hungary 52.25 Dec/16
India 49.60 Dec/16
Indonesia 49.00 Dec/16
Ireland 55.70 Dec/16
Israel 67.20 Dec/16
Italy 53.20 Dec/16
Japan 52.40 Dec/16
Kenya 54.10 Dec/16
Lebanon 47.00 Dec/16
Malaysia 47.10 Dec/16
Mexico 50.20 Dec/16
Myanmar 49.40 Dec/16
Netherlands 57.30 Dec/16
New Zealand 54.49 Dec/16
Nigeria 52.00 Dec/16
Norway 51.40 Dec/16
Philippines 55.70 Dec/16
Poland 54.30 Dec/16
Puerto Rico 49.10 Nov/16
Russia 53.70 Dec/16
Saudi Arabia 55.50 Dec/16
Singapore 50.60 Dec/16
South Africa 46.70 Dec/16
South Korea 49.40 Dec/16
Spain 55.30 Dec/16
Sri Lanka 58.30 Dec/16
Sweden 60.10 Dec/16
Switzerland 56.00 Dec/16
Taiwan 56.20 Dec/16
Thailand 50.60 Dec/16
Turkey 47.70 Dec/16
United Arab Emirates 55.00 Dec/16
United Kingdom 56.10 Dec/16
United States 54.30 Dec/16
Vietnam 52.40 Dec/16
World 50.90 Jan/16