2017 Economic Calendar
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PMI Composite Flash  
Released On 9/22/2017 9:45:00 AM For Sep, 2017
PriorConsensusConsensus Range
Composite – Level56.0 54.9 53.8  to 55.1 
Manufacturing – Level52.5 53.0 51.5  to 59.0 
Services — Level56.9 55.5 52.4  to 56.0 

Recent History Of This Indicator
Markit Economics' set of U..S. indicators were mixed in August as solid strength in services, at a final 56.0, well outpaced only moderate growth for manufacturing, at a final 52.8. Yet the bulk of the economy is made up of services as is the bulk of the PMI composite which finished August at a very healthy 55.3. Only limited hurricane effects are expected with the consensus for the PMI composite September flash at 54.9 with PMI manufacturing slightly higher at 53.0 and PMI services slightly lower at 55.5.

Definition
The flash Composite Purchasing Managers' Index (PMI) provides an early estimate of current private sector output by combining information obtained from surveys of around 1,000 manufacturing and service sector companies. The flash data are released around 10 days ahead of the final report and are typically based upon around 85 percent of the full survey sample. Results are synthesized into a single index which can range between zero and 100. A reading above (below) 50 signals rising (falling) output versus the previous month and the closer to 100 (zero) the faster is output growing (contracting). The report also contains flash estimates of the manufacturing and services PMIs. The data are produced by Markit.  Why Investors Care
 

2017 Release Schedule
Released On: 3/244/215/236/237/248/239/2210/2411/24
Release For: MarAprMayJunJulAugSepOctNov
 


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