United States: ISM Manufacturing PMI - Final (SA)

Macro

2026-10-01

Description

The U.S. Manufacturing Purchasing Managers' Index (PMI) is compiled and published by the Institute for Supply Management (ISM). It is based on monthly surveys of around 400 purchasing managers. A PMI above 50 indicates expansion in the manufacturing sector, while below 50 indicates contraction, serving as a vital indicator of the health of the US manufacturing industry and the global economy.

The PMI is composed of five equally weighted components: New Orders, Production, Employment, Supplier Deliveries, and Inventories.

This data is released on the first business day of each month at 10:00 AM (EST), providing the previous month's survey results.

Published by
Institute for Supply Management (Choice)
Frequency
Monthly
Next Update

AI Data Insight

The latest US ISM Manufacturing PMI for Q3 2026 recorded 54.5, a slight pullback from the previous 54.6 and falling short of the market expectation of 55.0. Although the expansion in new orders and employment accelerated, surging raw material and energy costs drove the Prices Index to skyrocket to 77.9. In the short term, inflationary pressures triggered by geopolitics and tariffs will become the core variable for the market as it closely monitors the Federal Reserve's interest rate policy.

AI Data Insight

The latest US ISM Manufacturing PMI for Q3 2026 recorded 54.5, a slight pullback from the previous 54.6 and falling short of the market expectation of 55.0. Although the expansion in new orders and employment accelerated, surging raw material and energy costs drove the Prices Index to skyrocket to 77.9. In the short term, inflationary pressures triggered by geopolitics and tariffs will become the core variable for the market as it closely monitors the Federal Reserve's interest rate policy.

Description

The U.S. Manufacturing Purchasing Managers' Index (PMI) is compiled and published by the Institute for Supply Management (ISM). It is based on monthly surveys of around 400 purchasing managers. A PMI above 50 indicates expansion in the manufacturing sector, while below 50 indicates contraction, serving as a vital indicator of the health of the US manufacturing industry and the global economy.

The PMI is composed of five equally weighted components: New Orders, Production, Employment, Supplier Deliveries, and Inventories.

This data is released on the first business day of each month at 10:00 AM (EST), providing the previous month's survey results.

Published by
Institute for Supply Management (Choice)
Frequency
Monthly
Next Update