2017 Economic Calendar
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PMI Manufacturing Index  
Released On 3/1/2017 9:45:00 AM For Feb, 2017
PriorActual
Level55.0 54.2 

Highlights
Markit Economics' U.S. manufacturing sample reported slightly lower rates of growth for both orders and output in February. The manufacturing PMI came in at 54.2 in February vs 54.3 at mid-month and against a 55.0 reading for January. A rise in finished inventories is a special factor in February, reflecting not an unwanted build but what the report says are expected improvements in client demand. Another area of concern is export orders which are nearly flat.

But demand from the energy sector is improving and the sample is hiring. Input prices are rising at nearly the fastest pace in 2-1/2 years with selling prices showing some traction.

There are soft spots in this report but, like so many anecdotal reports, the results are mostly solid and stand in sharp contrast to weakness in actual factory data from the government. Watch for the ISM manufacturing report later this morning at 10:00 a.m. ET.

Definition
Based on monthly questionnaire surveys of selected companies, the Purchasing Managers' Manufacturing Index (PMI) offers an advance indication on month-to-month activity in the private sector economy by tracking changes in variables such as output, new orders, stock levels, employment and prices across manufacturing industries. The final index for the current month is released roughly a week after the flash.  Why Investors Care
 

2017 Release Schedule
Released On: 1/32/13/14/35/16/17/38/19/110/211/112/1
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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