United States: ISM Manufacturing PMI - Final (SA)

Macro

2026-04-01

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 US ISM Manufacturing PMI for the first quarter of 2026 (March) reached 52.7, climbing further from the previous reading of 52.4 and exceeding market expectations. Although stronger production momentum drove the overall index, the price index surged to its highest level since mid-2022, reflecting cost pressures brought by tariffs and Middle East conflicts. Against the backdrop of weakening employment and new orders, the foundation of the manufacturing recovery remains fragile.

AI Data Insight

The US ISM Manufacturing PMI for the first quarter of 2026 (March) reached 52.7, climbing further from the previous reading of 52.4 and exceeding market expectations. Although stronger production momentum drove the overall index, the price index surged to its highest level since mid-2022, reflecting cost pressures brought by tariffs and Middle East conflicts. Against the backdrop of weakening employment and new orders, the foundation of the manufacturing recovery remains fragile.

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