U.S. Manufacturing Purchasing Managers Index (PMI)

USD
Actual
49.3
Forecast
47.0
Previous
47.3
Latest Release
Mar 24, 2023
Importance
Source
Markit
Overview
The Manufacturing Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in the manufacturing sector. A reading above 50 indicates expansion in the sector; below 50 indicates contraction. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance. A higher than expected reading should be taken as positive/bullish for the USD while a lower than expected reading should be taken as negative/bearish for the USD.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Mar 24, 2023 (Mar) 15:45 49.3 47.0
47.3
Mar 01, 2023 (Feb) 16:45 47.3 47.8
46.9
Feb 21, 2023 (Feb) 16:45 47.8 47.1
46.9
Feb 01, 2023 (Jan) 16:45 46.9 46.8
46.8
Jan 24, 2023 (Jan) 16:45 46.8 46.0
46.2
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