The IHS Markit US Composite PMI stood at 50.9 in May 2019, unchanged from the preliminary estimate and down from 53 in April. The latest reading pointed to the weakest expansion in the private sector since May 2016, as manufacturing output fell to its lowest level since 2009 (PMI at 50.5 vs 52.6 in April) and services activity growth slowed to a 39-month low (PMI 50.9 at vs 53 in April). Overall, new orders advanced at a softer pace as new business across the service sector eased for the fourth consecutive month and to its lowest since March 2016 and manufacturing new orders shrank. Meanwhile, the job creation rate accelerated and backlogs of work were unchanged. On the price front, input cost inflation slowed further in May and was subdued in the context of the series history. Finally, sentiment declined to its lowest since June 2016 amid global trade tensions and weaker demand condition Composite Pmi in the United States is reported by Markit Economics.

Composite Pmi in the United States is expected to be 51.40 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite Pmi in the United States to stand at 51.90 in 12 months time. In the long-term, the United States Composite PMI is projected to trend around 51.90 Index Points in 2020, according to our econometric models.

United States Composite PMI
width
height
Forecast Data Chart
The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


United States Business Last Previous Highest Lowest Unit
Business Confidence 52.10 52.80 77.50 29.40 Index Points [+]
Manufacturing PMI 50.50 52.60 57.90 50.50 [+]
Services PMI 50.90 53.00 61.00 49.30 Index Points [+]
Non Manufacturing PMI 56.90 55.50 62.00 37.80 [+]
Composite Pmi 50.90 53.00 61.00 50.00 Index Points [+]
Industrial Production 2.00 0.90 62.00 -33.70 percent [+]
Industrial Production Mom 0.40 -0.40 16.60 -10.40 percent [+]
Manufacturing Production 0.70 -0.30 67.90 -39.40 percent [+]
Capacity Utilization 78.07 77.92 89.39 66.69 percent [+]
Durable Goods Orders -2.10 1.70 23.20 -18.40 percent [+]
Durable Goods Orders Ex Defense -2.50 0.10 25.50 -19.20 percent [+]
Durable Goods Orders Ex Transportation 0.00 -0.50 6.30 -10.20 percent [+]
Factory Orders Ex Transportation 0.30 0.30 4.60 -7.00 percent [+]
New Orders 499273.00 508192.00 565232.00 223500.00 USD Million [+]
Factory Orders -0.80 1.30 10.40 -9.70 percent [+]
Business Inventories 0.50 0.00 1.30 -2.00 percent [+]
Changes in Inventories 125.53 96.80 166.37 -245.13 USD Billion [+]
Wholesale Inventories 0.80 0.00 2.10 -2.00 percent [+]
Bankruptcies 22157.00 22232.00 82446.00 19695.00 Companies [+]
Corporate Profits 2003.40 2076.20 2076.82 14.70 USD Billion [+]
NFIB Business Optimism Index 105.00 103.50 108.80 80.10 Index Points [+]
Ism New York Index 48.60 77.30 88.80 23.40 percent [+]
Philadelphia Fed Manufacturing Index 16.60 8.50 58.50 -57.90 Index Points [+]
NY Empire State Manufacturing Index -8.60 17.80 39.00 -34.40 Index Points [+]
Richmond Fed Manufacturing Index 5.00 3.00 29.00 -44.00 Index Points [+]
Chicago Fed National Activity Index -0.45 0.05 2.78 -5.27 [+]
Dallas Fed Manufacturing Index -5.30 2.00 47.60 -59.90 Index Points [+]
Chicago Pmi 54.20 52.60 78.60 21.20 Index Points [+]
Car Production 2.56 2.42 9.92 1.29 Million Units [+]
Car Registrations 464.96 377.46 1149.00 331.50 Thousand [+]
Total Vehicle Sales 17.30 16.40 21.77 9.05 Million [+]
Crude Oil Stocks Change 2.21 6.77 14.42 -15.22 BBL/1Million [+]
Natural Gas Stocks Change 102.00 119.00 147.00 -359.00 Billion cf [+]
Gasoline Stocks Change 764.00 3205.00 11456.00 -8428.00 Thousand Barrels [+]
Leading Economic Index 127.79 125.78 127.79 46.91 Index Points [+]
Internet Speed 18747.58 17235.62 18747.58 3609.31 KBps [+]
IP Addresses 128949703.00 127873899.00 146874246.00 89399946.00 IP [+]
API Crude Oil Stock Change 4.85 3.55 14.30 -12.40 BBL/1Million [+]
Crude Oil Rigs 788.00 789.00 1609.00 98.00 [+]
Corruption Index 71.00 75.00 78.00 71.00 Points [+]
Corruption Rank 22.00 16.00 24.00 14.00 [+]
Competitiveness Index 85.64 84.84 85.64 5.42 Points [+]
Competitiveness Rank 1.00 1.00 7.00 1.00 [+]
Ease of Doing Business 8.00 6.00 8.00 4.00 [+]
Steel Production 7428.00 7752.00 11951.00 3799.00 Thousand Tonnes [+]
Mining Production 10.00 10.70 108.20 -28.80 percent [+]


United States Composite PMI

In the United States, Markit Composite PMI Output Index tracks business trends across both manufacturing and service sectors (60 percent from the manufacturing sector and 40 percent from the services sector). The index is based on data collected from a representative panel of over 1,000 companies and follows variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity while below 50 points to contraction. This page provides the latest reported value for - United States Composite PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Composite PMI - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
50.90 53.00 61.00 50.00 2013 - 2019 Index Points Monthly
SA




Country Last Previous
Australia 52.20 May/19
Brazil 48.40 May/19
China 51.50 May/19
Euro Area 51.80 May/19
France 51.20 May/19
Germany 52.40 May/19
India 51.70 May/19
Italy 49.90 May/19
Japan 50.70 May/19
Russia 51.50 May/19
Singapore 52.10 May/19
South Africa 49.30 May/19
United Kingdom 50.90 May/19
United States 50.90 May/19


Related

Latest