2017 Economic Calendar
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PMI Manufacturing Index  
Released On 8/1/2017 9:45:00 AM For Jul, 2017
PriorConsensusConsensus RangeActual
Level52.0 53.2 51.9  to 53.2 53.3 

Highlights
At a PMI of 53.3, Markit's US manufacturing sample continues to report moderate growth with a rebound in new orders a highlight for July with lack of inflation pressures, however, a continuing concern. New orders moved up from June's 9-month low with the sample citing increased spending from large clients. Output improved in the month and the sample increased hiring. Inventories are up and business confidence is back at a 6-month high. Input costs did rise in the month but overall inflationary pressures are described as muted. This sample has been running at a much more subdued pace than ISM's manufacturing sample, adding credibility perhaps to July's respectable results. ISM follows at 10:00 a.m. ET this morning.

Recent History Of This Indicator
July's PMI manufacturing final is expected to hold onto the improvement at the mid-month flash, repeating the moderate 53.2 result. New orders, output, and employment were also pluses in the flash 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
 

2017 Release Schedule
Released On: 1/32/13/14/35/16/17/38/19/110/211/112/1
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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