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ISM's Purchasing Managers Index 1948–2012. Purchasing managers' indexes (PMI) are economic indicators derived from monthly surveys of private sector companies.. The three principal producers of PMIs are S&P Global (from 2022 merger with IHS Markit), which produces PMIs for over 30 countries worldwide and developed the first service sector PMIs, and the Institute for Supply Management (ISM ...
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A PMI reading below 50 indicates contraction in the manufacturing sector, which accounts for 10.3% of the economy. December marked the ninth consecutive month that the PMI remained below the 50 ...
The Services Index which is a weighted composite index for services data (similar to the Purchasing Managers' Index (PMI)) was developed and first published in the January 2008 Non-Manufacturing ISM Report On Business. This was not available prior to that date because there was insufficient services historical data to develop a composite index.
A PMI reading below 50 indicates contraction in the manufacturing sector, which accounts for 10.3% of the economy. US manufacturing drops to 15-month low amid higher input prices: ISM Skip to main ...
S&P Global's own manufacturing PMI reading out Monday showed US manufacturing production reached a 22-month high in March. The firm's broader measure of manufacturing activity hit 51.9 in March ...
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A PMI reading below 50 indicates contraction in the manufacturing sector, which accounts for 10.3% of the economy. Economists polled by Reuters had forecast a PMI of 47.5.