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United States ISM Purchasing Managers Index (PMI) - August 2023 Data
United States ISM Purchasing Managers Index (PMI) - August 2023 Data
United States ISM Purchasing Managers Index (PMI) - August 2023 Data
United States ISM Purchasing Managers Index (PMI) August 2023 Data
The ISM Manufacturing PMI climbed to 47.6 in August 2023 from the previous month's 46.4, slightly
exceeding the market consensus of 47.0. However, this reading still indicated that economic activity
within the manufacturing sector had contracted for the tenth consecutive month. While production
levels stabilized, the inflow of new orders experienced a more rapid decline, and the pace of job
shedding showed signs of easing. On the cost front, factory input prices remained subdued, but
showed signs of reversing, as the survey's measure of prices paid by manufacturers rose to 48.4 last
month from 42.6 in July. The PMI has consistently remained below the 50 threshold since last
November, signifying a prolonged period of contraction in the manufacturing sector, which is the most
extended stretch of its kind since the Great Recession of 2007-2009. source: Institute for Supply Management
1Y 5Y 10Y MAX
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01/09/2023, 12:43 United States ISM Purchasing Managers Index (PMI) - August 2023 Data
United States ISM Purchasing Managers Index (PMI) August 2023 Data
Calendar GMT Actual Previous Consensus TEForecast
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2023-08-01 02:00 PM ISM Manufacturing PMI Jul 46.4 46 46.8 48
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.
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01/09/2023, 12:43 United States ISM Purchasing Managers Index (PMI) - August 2023 Data
United States ISM Purchasing Managers Index (PMI) August 2023 Data
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01/09/2023, 12:43 United States ISM Purchasing Managers Index (PMI) - August 2023 Data
United States ISM Purchasing Managers Index (PMI) August 2023 Data
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United States ISM Purchasing Managers Index (PMI) August 2023 Data
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