2018 Economic Calendar
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PMI Manufacturing Index  
Released On 2/1/2018 9:45:00 AM For Jan, 2018
PriorConsensusConsensus RangeActual
Level55.1 55.5 54.2  to 55.5 55.5 

Highlights
PMI manufacturing came in at a final January reading of 55.5, near a 3-year high and unchanged from the mid-month flash and up 4 tenths from December.

New orders rose at their best rate in a year with export orders at a year-and-a-half high. Production is also at a year high and there are signs of capacity pressures including longer lead times, rising backlogs and higher selling prices. Confidence among the sample is described as "robust."

This report, in contrast to the ISM, was more subdued through last year making January's results an auspicious beginning for the 2018 factory sector. Watch for ISM manufacturing coming up at 10:00 a.m. ET this morning.

Recent History Of This Indicator
PMI manufacturing posted a solid 5 tenths increase in the January flash to 55.5 for the best reading in nearly three years. Export sales were a highlight of the flash report as was production, employment and overall orders. The report's sample was trying to build inventories while traction for selling prices was the strongest in more than four years, both tangible signs of strength. The consensus for January's final PMI manufacturing is unchanged from the flash, at 55.5.

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
 

2018 Release Schedule
Released On: 1/22/13/14/25/16/17/28/19/410/111/112/3
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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