United States: ISM Manufacturing PMI - Final (SA)

Macro

2026-06-01

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
Hashtags
Industry PMI United States

AI Data Insight

The newly released US May (Q2) ISM Manufacturing PMI rose to 54.0, significantly outperforming the previous value of 52.7 and beating market expectations, marking a new high since May 2022. Benefiting from AI infrastructure demand and a front-loaded ordering wave to hedge against geopolitical risks, the new orders and production components showed strong momentum. However, persistently high raw material prices and continued contraction in employment indicate that the recovery still faces underlying cost and supply chain concerns.

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AI Data Insight

The newly released US May (Q2) ISM Manufacturing PMI rose to 54.0, significantly outperforming the previous value of 52.7 and beating market expectations, marking a new high since May 2022. Benefiting from AI infrastructure demand and a front-loaded ordering wave to hedge against geopolitical risks, the new orders and production components showed strong momentum. However, persistently high raw material prices and continued contraction in employment indicate that the recovery still faces underlying cost and supply chain concerns.

Dive in →

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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
Hashtags
Industry PMI United States