2018 Economic Calendar
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PMI Manufacturing Index  
Released On 8/1/2018 9:45:00 AM For Jul, 2018
PriorConsensusConsensus RangeActual
Level55.4 55.5 55.4  to 55.8 55.3 

Highlights
New order growth is strong and backlogs continue to pile up in a PMI manufacturing report led by another solid reading in the mid-50s, at 55.3 for final July. Orders, however, are centered in the domestic economy with export sales flat. Production and employment slowed in the month though business confidence remains strongly positive.

Signs of stress are apparent with delivery times the longest in this survey's records. And input costs are on the rise with pass through to customers at a 7-year high.

The text of the report is clearly downbeat warning, as it first did back in June, that manufacturing is beginning to struggle with supply shortages, rising prices and weak exports. Watch for ISM manufacturing, which has been running hotter than this report, coming up at 10:00 a.m. ET.

Consensus Outlook
The PMI manufacturing index is expected to come in at a final 55.5 in July, unchanged from the mid-month flash. Orders in the flash report were very strong, reversing what was a warning signal of tariff-related slowing in the June report.

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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