United States: ISM Manufacturing PMI - Final (SA)

Macro

2025-06-02

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 Q2 2025 declined to 48.5, continuing its downward trend from the previous reading of 48.7 and remaining below the 50-point threshold separating expansion and contraction. This reflects persistently weak manufacturing momentum. Affected by tariff policy uncertainty and rising input costs, new orders and export demand remain under pressure. Supply chain and inflation risks will remain the market's focus in the coming months.

AI Data Insight

The latest US ISM Manufacturing PMI for Q2 2025 declined to 48.5, continuing its downward trend from the previous reading of 48.7 and remaining below the 50-point threshold separating expansion and contraction. This reflects persistently weak manufacturing momentum. Affected by tariff policy uncertainty and rising input costs, new orders and export demand remain under pressure. Supply chain and inflation risks will remain the market's focus in the coming months.

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