United States: ISM Manufacturing PMI - Final (SA)

Macro

2026-03-02

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 data shows the US Jan ISM Manufacturing PMI was 52.4, a slight decline from the previous 52.6, but still firmly above the 50 boom-bust line, indicating that the manufacturing sector has established a recovery trend after experiencing a downturn in 2025. Market analysis points out that while the demand side maintains expansion, the rising price index and supply chain concerns remain the main risks for the coming quarter.

AI Data Insight

The latest data shows the US Jan ISM Manufacturing PMI was 52.4, a slight decline from the previous 52.6, but still firmly above the 50 boom-bust line, indicating that the manufacturing sector has established a recovery trend after experiencing a downturn in 2025. Market analysis points out that while the demand side maintains expansion, the rising price index and supply chain concerns remain the main risks for the coming quarter.

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