United States: ISM Manufacturing PMI - Final (SA)

Macro

2026-09-01

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 newly released US ISM Manufacturing PMI for Q3 2026 (August) came in at 54.6, pulling back from the previous reading of 55.6 and falling short of the market consensus of 55.2, though it still maintained expansion for the eighth consecutive month. New orders and backlog of orders cooled significantly, while the prices paid index remained stubbornly high, indicating that the expansion momentum of the manufacturing sector is slightly slowing down amid geopolitical and tariff concerns.

AI Data Insight

The newly released US ISM Manufacturing PMI for Q3 2026 (August) came in at 54.6, pulling back from the previous reading of 55.6 and falling short of the market consensus of 55.2, though it still maintained expansion for the eighth consecutive month. New orders and backlog of orders cooled significantly, while the prices paid index remained stubbornly high, indicating that the expansion momentum of the manufacturing sector is slightly slowing down amid geopolitical and tariff concerns.

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