2018 Economic Calendar
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Today's Calendar   |   

PMI Manufacturing Index  
Released On 6/1/2018 9:45:00 AM For May, 2018
PriorConsensusConsensus RangeActual
Level56.5 56.6 56.6  to 57.0 56.4 

Highlights
Strength with stress is the universal story of the small-sample surveys including PMI manufacturing where the index ends May steady at 56.4. Gains in orders lead the report and include the fastest build for backlog orders in 2-1/2 years. Shipping delays are the longest on record while input costs are climbing and leading to what the report describes as a "marked rise" in selling prices. The gains are notable in this report which has generally lagged the strength of similar reports including ISM manufacturing which is up next at 10:00 a.m. ET this morning.

Consensus Outlook
The PMI manufacturing index is expected to come in at a final of 56.6 in May, unchanged from the mid-month flash. Orders have been running at multi-year highs and, in a sign of capacity stress, delivery times have been lengthening sharply.

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
 


powered by  [Econoday]