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United States Manufacturing PMI

Last Release
Dec 2021
Actual
57.7 points
Forecast
N/A
Previous
58.3 points
Frequency
Monthly
Units In
points
Next Release
Feb 1, 2022
Time to Release
13 Days 18 Hours
Highest
Lowest
Average
Date Range
Source
63.4 points
Jul 2021
36.1 points
Apr 2020
53.91 points2012 - 2021Markit Economics
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.

Latest Updates

The IHS Markit US Manufacturing PMI was revised slightly lower to 57.7 in December of 2021 from a preliminary of 57.8, still pointing to a strong expansion in factory activity. Still, companies recorded the softest rise in new orders for a year and a further substantial deterioration in vendor performance amid severe material shortages. Longer lead times for inputs also led to another sharp increase in backlogs of work, albeit the slowest for ten months. Meanwhile, cost burdens continued to increase markedly despite the rate of inflation softening to the slowest since June. Efforts to pass-through greater costs to clients were hampered by softer demand conditions, as charges rose at the slowest rate since April. Finally, output expectations for the year ahead strengthened to the highest since November 2020. Optimism stemmed from hopes of reduced supply disruption and a greater ability to hire suitable workers.

United States Manufacturing PMI History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Jan 3, 202214:48US Manufacturing PMI Revised Slightly Lower: Markit
Dec 16, 202114:54US Factory Growth Unexpectedly Slows to 1-Year Low: Markit
Dec 1, 202114:51US Manufacturing PMI Revised Lower: Markit
Nov 23, 202114:49US Factory Activity Growth Above Forecasts
Nov 1, 202113:54US October Manufacturing PMI Revised Lower
Oct 22, 202113:54US Factory Growth Slowest in 7 Months
Oct 1, 202113:49US Markit Manufacturing PMI Revised Up
DATETIMEEVENTActual
Dec 16, 202114:45Markit Manufacturing PMI Flash57.8
Nov 23, 202114:45Markit Manufacturing PMI Flash59.1

United States business Indicators

All United States indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
API Crude Oil Stock Change
-1.08
Jan 2022
-6.43
Dec 2021
-12.4
Nov 2013
14.3
Feb 2015
BBL/1MillionWeekly2012 - 2022
Business Confidence
58.7
Dec 2021
61.1
Nov 2021
29.4
May 1980
77.5
Jul 1950
pointsMonthly1948 - 2021
Business Inventories
1.3
Nov 2021
0.7
Sep 2021
-2.3
May 2020
1.3
Dec 2010
%Monthly1992 - 2021
Bankruptcies
16,140
Sep 2021
18,511
Jun 2021
16,140
Sep 2021
82,446
Dec 1987
CompaniesQuarterly1980 - 2021
Car Registrations
214.96
Oct 2021
249.41
Sep 2021
180.56
Apr 2020
1,149
Sep 1986
ThousandMonthly1975 - 2021
Chain Store Sales
4,222
Nov 2021
3,211
Oct 2021
1,098
May 2020
15,875
Dec 1999
USD MillionMonthly1992 - 2021

Manufacturing PMI across North America

Manufacturing PMI global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Canada
57.2
Nov 2021
57.7
Oct 2021
33
Apr 2020
58.5
Mar 2021
pointsMonthly2011 - 2021
Mexico
49.4
Dec 2021
49.4
Nov 2021
35
Apr 2020
57.1
Dec 2012
pointsMonthly2012 - 2021
Puerto Rico
53.2
Sep 2021
53.7
May 2021
33.1
Sep 2017
61.7
Feb 2015
pointsMonthly2010 - 2021
United States
57.7
Dec 2021
58.3
Nov 2021
36.1
Apr 2020
63.4
Jul 2021
pointsMonthly2012 - 2021

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