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United States ISM Purchasing Managers Index (PMI)

Discussion in 'Market News' started by Jonathan, Oct 9, 2015.

  1. Jonathan

    Jonathan Forum Member

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    The Institute for Supply Management (ISM) index of national factory activity fell to 50.2 in September of 2015 from 51.1 the month before. It remains the lowest since May of 2013. Of the 18 manufacturing industries, only 7 reported growth in September. Business Confidence in the United States averaged 52.79 percent from 1948 until 2015, reaching an all time high of 77.50 percent in July of 1950 and a record low of 29.40 percent in May of 1980. Business Confidence in the United States is reported by the Institute for Supply Management. The Manufacturing ISM Report On Business® is based on data compiled from purchasing and supply executives nationwide. Survey responses reflect the change, if any, in the current month compared to the previous month. For each of the indicators measured (New Orders, Backlog of Orders, New Export Orders, Imports, Production, Supplier Deliveries, Inventories, Customers' Inventories, Employment and Prices), the report shows the percentage reporting each response, the net difference between the number of responses in the positive economic direction and the negative economic direction, and the diffusion index. A PMI™ reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally declining. This page provides the latest reported value for - United States ISM Purchasing Managers Index (PMI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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