U.S. ISM Manufacturing Purchasing Managers Index (PMI)

USD
Actual
47.7
Forecast
48.0
Previous
47.4
Latest Release
Mar 01, 2023
Importance
Overview
The Institute of Supply Management (ISM) Manufacturing Purchasing Managers Index (PMI) Report on Business is based on data compiled from monthly replies to questions asked of purchasing and supply executives in over 400 industrial companies across the United States. For each of the indicators measured (New Orders, Backlog of Orders, New Export Orders, Imports, Production, Supplier Deliveries, Inventories, Customers Inventories, Employment, and Prices), a diffusion index is calculated by adding the percent of positive responses plus one-half of those responding the same (considered positive). The resulting single index number is then seasonally adjusted.

The PMI is a composite index based on the seasonally adjusted diffusion indices for five of the indicators with differing weights: New Orders --30% Production --25% Employment --20% Supplier Deliveries --15% and Inventories -- 10%.

A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Apr 03, 2023 (Mar) 19:30 - 47.1
47.7
Mar 01, 2023 (Feb) 20:30 47.7 48.0
47.4
Feb 01, 2023 (Jan) 20:30 47.4 48.0
48.4
Jan 04, 2023 (Dec) 20:30 48.4 48.5
49.0
Dec 01, 2022 (Nov) 20:30 49.0 49.8
50.2
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