U.S. Manufacturing Purchasing Managers Index (PMI)

USD
Actual
50.0
Forecast
49.9
Previous
51.9
Latest Release
May 01, 2024
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
May 23, 2024 (May) 15:45 - 50.1
50.0
May 01, 2024 (Apr) 15:45 50.0 49.9
51.9
Apr 23, 2024 (Apr) 15:45 49.9 52.0
51.9
Apr 01, 2024 (Mar) 15:45 51.9 52.5
52.2
Mar 21, 2024 (Mar) 15:45 52.5 51.8
52.2
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