The ISM manufacturing index (PMI) decreased from 61.2% in March to 60.4% in April, which was slightly above market analysts' expectations of 59.5%. According to the index, manufacturing activity has been expanding uninterruptedly since August 2009, as a reading above 50% indicates that the manufacturing sector is expanding, while a reading below 50% is indicative of a contraction. The slowdown suggested by the April figure reflected a deceleration in both the production and the new orders components, while intentions to hire improved somewhat over the previous month. Despite the moderation, the ISM result points to a strong first quarter for the industrial sector, with activity likely to gain momentum in the second quarter.
United States PMI
Manufacturing activity continues to moderate in April
May 2, 2011
Looking for forecasts related to PMI in United States? Download a sample report now.
United States Economic News
United States: Clinton’s lead over Trump widens but presidential election results are still uncertain
October 20, 2016
Only a few weeks ahead of the 8 November presidential elections, major polls suggest that Hillary Clinton has extended her lead over Donald Trump, but the presidential race will be decided in the most fiercely contested states.
October 14, 2016
In September, nominal retail sales expanded 0.6% over the previous month.
October 7, 2016
Non-farm payrolls grew 156,000 in September, which came in below August’s upwardly-revised increase of 167,000 (previously reported: +151,000).
October 3, 2016
The ISM manufacturing index increased more than expected in September and returned to expansionary territory, after a temporary setback in August.
September 27, 2016
Following an increase in August, when the Conference Board’s consumer confidence index jumped to 101.8 points, consumer sentiment among U.S. households rose further in September.