2017 Economic Calendar
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PMI Manufacturing Index  
Released On 6/1/2017 9:45:00 AM For May, 2017
PriorConsensusConsensus Range
Level52.8 53.0 52.5  to 54.4 

Recent History Of This Indicator
Unlike the rival ISM, Markit Economics' manufacturing PMI has not been pointing to outstanding acceleration for the manufacturing sector. To the contrary, loss of momentum was the signal in both April and the May flash where orders and employment were subdued and inventories, in a sign of defensiveness, were down. Forecasters see the final reading at a consensus 53.0 in what would be a noticeable improvement from the 52.5 flash.

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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