S&P Global Manufacturing PMI

economic

Updated: 1 Dec, 2:45 pm UTC

Deviation

0.10000000000000142%

Consensus

47.6%

Actual

47.7%

Description

Source: United States

The Manufacturing Purchasing Managers Index (PMI) released by the Markit Economics captures business conditions in the manufacturing sector. As the manufacturing sector dominates a large part of total GDP, the manufacturing PMI is an important indicator of business conditions and the overall economic condition in the United States. Readings above 50 imply the economy is expanding, making investors understood it as a bullish for the USD, whereas a result below 50 points for an economic contraction, and weighs negatively on the currency.

Historical Data

Date	Actual	Previous	Deviation	Consensus
Dec 1, 2022	47.70	47.60	0.10	47.60
Nov 23, 2022	47.60	50.40	-2.80	50.00
Nov 1, 2022	50.40	49.90	0.50	49.90
Oct 24, 2022	49.90	52.00	-2.10	51.20
Oct 3, 2022	52.00	51.80	0.20	51.80
Sep 23, 2022	51.80	51.50	0.30	51.10
Sep 1, 2022	51.50	51.30	0.20	51.30
Aug 23, 2022	51.30	52.20	-0.90	52.00