United States: ISM Manufacturing PMI - Final (SA)

Macro

2026-08-03

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 July 2026 (Q3) was reported at 55.6, surging significantly from the previous reading of 53.3 and beating market expectations of 54.0, hitting a new high since May 2022. Among the sub-indices, production and new orders showed strong performance, and the employment index broke a 33-month contraction streak to return to expansion. However, supply chain concerns triggered by conflicts in the Middle East and persistently high raw material prices still add uncertainties to short-term costs.

AI Data Insight

The latest US ISM Manufacturing PMI for July 2026 (Q3) was reported at 55.6, surging significantly from the previous reading of 53.3 and beating market expectations of 54.0, hitting a new high since May 2022. Among the sub-indices, production and new orders showed strong performance, and the employment index broke a 33-month contraction streak to return to expansion. However, supply chain concerns triggered by conflicts in the Middle East and persistently high raw material prices still add uncertainties to short-term costs.

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