2018 Economic Calendar
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PMI Composite Flash  
Released On 1/24/2018 9:45:00 AM For Jan, 2018
PriorConsensusConsensus Range
Composite – Level53.0 54.0 53.2  to 54.5 
Manufacturing – Level55.0 55.0 53.7  to 55.5 
Services — Level52.4 54.0 53.1  to 54.8 

Recent History Of This Indicator
Markit's set of U.S. indicators showed strength in December but reversed order with manufacturing pulling ahead and services, which had been consistently stronger, slowing noticeably. Still, the service sample did show strength in the last two weeks of December which points to momentum for January. The consensus for January is another solid showing, at 54.0 for the composite, also 54.0 for services, and 55.0 for manufacturing.

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
 

2018 Release Schedule
Released On: 1/242/213/224/235/236/227/248/239/2110/2411/23
Release For: JanFebMarAprMayJunJulAugSepOctNov
 


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