Latest posts about PMI
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Manufacturing stays on a growth track in May, reports ISM
June 2, 2021
ISM said that the report’s key metric, the PMI, at 61.2 (a reading of 50 or higher indicates growth), saw a 0.5% increase, from April to May. This marked the twelfth consecutive month of PMI growth, coupled with May also representing the twelfth consecutive month of growth for the overall economy.
Manufacturing output sees strong February growth, reports ISM
March 1, 2021
In its monthly Manufacturing Report on Business, ISM said that the report’s key metric, the PMI, was 60.8 (a reading of 50 or higher indicates growth), which was 2.1% higher than January’s 58.7, and matched the 60.8 PMI recorded in February 2018, with the overall economy growing for the ninth consecutive month.
ISM report points to services sector growth in December
January 7, 2021
The reading for the report’s key indicator—the Services PMI (formerly the Non-Manufacturing PMI)—came in at 57.2 (a reading of 50 or higher indicates growth is occurring) was up 1.3% compared to November.
October manufacturing output hits highest level in more than a year, says ISM
November 2, 2020
In its monthly Manufacturing Report on Business, ISM said that the report’s key metrics, the PMI, hit 59.3 (a reading of 50 or higher indicates growth), which topped September’s 55.4 by 3.9%, while growing at a faster rate for the fifth consecutive month, while the overall economy grew for the sixth consecutive month.
November manufacturing output remains in contraction territory
December 2, 2019
The report’s key metric, the PMI, slipped 0.2% to 48.1 in November (a reading of 50 or higher indicates growth), following readings of 49.1, 47.8, and 48.3, in August, September, and October, respectively.
ISM reports July manufacturing output sees another slow growth month
August 1, 2019
The report’s key metric, the PMI, fell 0.5% to 51.2 (a reading of 50 or higher indicates growth), coming on the heels of 0.4%, 0.7%, and 2.7% declines in June, May, and April, respectively.
Production output sees mild May decline, with slow growth, reports ISM
June 3, 2019
The report’s key metric, the PMI, fell 0.7% to 52.1 (a reading of 50 or higher indicates growth) in May, following a 2.5% decline from March to April, a 1.1% increase from February to March, and a 2.3% increase from December to January. While
ISM reports manufacturing output slipped in April
May 8, 2019
The report’s key metric, the PMI, dipped 2.5% to 52.8 (a reading of 50 or higher indicates growth), following a 1.1% increase from February to March, a 2.4% decrease from January to February and a 2.3% increase from December to January.
Gains in March manufacturing output, ISM reports
April 1, 2019
March manufacturing output finished on an upswing in the first quarter, with the PMI up 1.1% to 55.3 following a 2.4% decrease from January to February.
ISM May manufacturing report is strong
June 1, 2018
ISM said that PMI, the report’s key metric, increased 1.4% in May to 58.7, marking the 21st consecutive month of growth, with the overall economy now having grown for 109 straight months.
ISM reports another strong manufacturing month in February
March 1, 2018
In its Manufacturing Report on Business, the ISM noted that the PMI, the report’s key metric, came in at 60.8 in February (a reading of 50 or higher indicates growth). This topped January’s 59.1 reading by 1.7%, and it represents the 18th consecutive month of PMI growth.
ISM reports that manufacturing output is off to a strong start in 2018
February 2, 2018
The report’s key metric, the PMI, was 59.1 in January, down 0.2% from December’s reading. This marks the 17th straight month that the PMI has grown, with the overall economy growing for the 104th consecutive month.
ISM reports strong finish for manufacturing in 2017
January 4, 2018
The report’s key metric, known as the PMI, was 59.7 (a reading of 50 or higher indicates growth) in December, which was 1.5% ahead of November’s 58.2. This marks the 16th straight month that the PMI has grown, with the overall economy growing for the 103rd consecutive month. The December PMI is 2.1% ahead of the 12-month average of 57.6.
ISM reports another month of manufacturing gains in September
October 3, 2017
The PMI index increased 2.0% to 60.8, the 13th straight month of growth.
Non-manufacturing growth is steady in July, even with some declines, says ISM
August 3, 2017
The PMI index declined 3.5% to 53.9 in July, coming off June’s 57.4, which is its highest level since February 2015.