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United States Manufacturing PMI

Manufacturing PMI in the United States increased to 53.30 points in October from 53.20 points in September of 2020. Manufacturing PMI in the United States averaged 53.14 points from 2012 until 2020, reaching an all time high of 57.90 points in August of 2014 and a record low of 36.10 points in April of 2020. 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.

SOURCE: United States Manufacturing PMI.

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