US ISM Manufacturing and Services PMI
US ISM manufacturing and services PMI from the Institute for Supply Management.
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | 09-2025 | 08-2025 | 07-2025 | 06-2025 | 05-2025 | 04-2025 | 03-2025 | 02-2025 | 01-2025 | 12-2024 | 11-2024 | 10-2024 | 09-2024 | 08-2024 | 07-2024 | 06-2024 | 05-2024 | 04-2024 | 03-2024 | 02-2024 | 01-2024 | 12-2023 | 11-2023 | 10-2023 | 09-2023 | 08-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Manufacturing PMI (ISM)10 | 54.6 | 55.6 | 53.3 | 54 | 52.7 | 52.7 | 52.4 | 52.6 | 47.9 | 48 | 48.8 | 48.9 | 48.9 | 48.4 | 49 | 48.6 | 48.8 | 48.9 | 50 | 50.9 | 49.2 | 48.4 | 46.9 | 47.5 | 47.5 | 47 | 48.3 | 48.5 | 48.8 | 50.3 | 47.8 | 49.1 | 47.1 | 46.7 | 46.7 | 49 | 47.6 | |
| New Orders | 53.7 | 56.7 | 56 | 56.8 | 54.1 | 53.5 | 55.8 | 57.1 | 47.4 | 47.3 | 48.7 | 48.9 | 51.4 | 47.1 | 46.4 | 47.6 | ||||||||||||||||||||||
| Production | 58.3 | 58.5 | 52.2 | 54.3 | 53.4 | 55.1 | 53.5 | 55.9 | 50.7 | 51.1 | 48.7 | 51 | 47.8 | 51.4 | 50.3 | 45.4 | ||||||||||||||||||||||
| Employment | 51.2 | 52.8 | 49.7 | 48.6 | 46.4 | 48.7 | 48.8 | 48.1 | 44.8 | 44.1 | 45.8 | 45.3 | 43.8 | 43.4 | 45 | 46.8 | ||||||||||||||||||||||
| Supplier Deliveries | 59.3 | 58.9 | 57.4 | 60.6 | 60.6 | 58.9 | 55.1 | 54.4 | 50.8 | 49.3 | 54.2 | 52.6 | 51.3 | 49.3 | 54.2 | 56.1 | ||||||||||||||||||||||
| Customers' Inventories | 42.8 | 40.7 | 42.3 | 42.7 | 39.1 | 40.1 | 38.8 | 38.7 | 43.3 | 44.7 | 43.9 | 43.7 | 44.6 | 45.7 | 46.7 | 44.5 | ||||||||||||||||||||||
| Inventories | 50.6 | 51.2 | 51.4 | 49.9 | 49 | 47.1 | 48.8 | 47.6 | 45.7 | 48.5 | 46.7 | 47.7 | 49.4 | 48.9 | 49.2 | 46.7 | ||||||||||||||||||||||
| Prices | 71.1 | 71.1 | 73 | 82.1 | 84.6 | 78.3 | 70.5 | 59 | 58.5 | 58.5 | 58 | 61.9 | 63.7 | 64.8 | 69.7 | 69.4 | ||||||||||||||||||||||
| Backlog of Orders | 51.8 | 55 | 50.5 | 52.2 | 51.4 | 54.4 | 56.6 | 51.6 | 45.8 | 44 | 47.9 | 46.2 | 44.7 | 46.8 | 44.3 | 47.1 | ||||||||||||||||||||||
| New Export Orders | 53.2 | 53 | 48.5 | 50.6 | 47.9 | 49.9 | 50.3 | 50.2 | 46.8 | 46.2 | 44.5 | 43 | 47.6 | 46.1 | 46.3 | 40.1 | ||||||||||||||||||||||
| Imports | 52.5 | 55.7 | 52.9 | 53 | 50.3 | 52.6 | 54.9 | 50 | 44.6 | 48.9 | 45.4 | 44.7 | 46 | 47.6 | 47.4 | 39.9 | ||||||||||||||||||||||
| Services PMI (ISM)10 | 55.4 | 54.1 | 54 | 54.5 | 53.6 | 54 | 56.1 | 53.8 | 53.8 | 52.4 | 52 | 50.3 | 51.9 | 50.5 | 50.8 | 50.2 | 51.6 | 50.8 | 53.2 | 52.8 | 54 | 52.5 | 55.8 | 54.5 | 51.5 | 51.4 | 48.8 | 53.8 | 49.4 | 51.4 | 52.6 | 53.4 | 50.6 | 52.7 | 51.8 | 53.6 | 54.5 | |
| Business Activity | 61.7 | 59.1 | 55.4 | 57.7 | 55.9 | 53.9 | 59.9 | 57.4 | 55.2 | 54.1 | 54 | 49.9 | 55 | 52.6 | 54.2 | 50 | ||||||||||||||||||||||
| New Orders | 60.9 | 57.2 | 55.1 | 57.3 | 53.5 | 60.6 | 58.6 | 53.1 | 56.5 | 52.8 | 55 | 50.4 | 56 | 50.3 | 51.3 | 46.4 | ||||||||||||||||||||||
| Employment | 47.8 | 47.4 | 51.2 | 47.9 | 48 | 45.2 | 51.8 | 50.3 | 51.7 | 48.7 | 48.1 | 47.2 | 46.5 | 46.4 | 47.2 | 50.7 | ||||||||||||||||||||||
| Supplier Deliveries | 51.3 | 52.8 | 54.4 | 55.2 | 56.8 | 56.2 | 53.9 | 54.2 | 51.8 | 54.1 | 50.8 | 52.6 | 50.3 | 51 | 50.3 | 52.5 | ||||||||||||||||||||||
| Inventory Sentiment | 54.1 | 52.5 | 52.6 | 55.2 | 55.1 | 54.3 | 55.3 | 54.3 | 54.1 | 54.8 | 55.5 | 55.7 | 55.5 | 53.2 | 57.1 | 62.9 | ||||||||||||||||||||||
| Inventories | 56.7 | 51.4 | 51.2 | 62.5 | 53.1 | 54.8 | 56.4 | 45.1 | 54.2 | 53.4 | 49.5 | 47.8 | 53.2 | 51.8 | 52.7 | 49.7 | ||||||||||||||||||||||
| Prices | 72.6 | 70.3 | 67.7 | 71.3 | 70.7 | 70.7 | 63 | 66.6 | 65.1 | 65.9 | 69.5 | 69.4 | 69.2 | 69.9 | 67.5 | 68.7 | ||||||||||||||||||||||
| Backlog of Orders | 55.6 | 50.9 | 54.9 | 51.3 | 53 | 53.6 | 55.9 | 44 | 42.6 | 49.1 | 40.8 | 47.3 | 40.4 | 44.3 | 42.4 | 43.4 | ||||||||||||||||||||||
| New Export Orders | 56.3 | 52 | 50.4 | 50 | 52.1 | 50.7 | 57.2 | 45 | 54.2 | 48.7 | 47.8 | 46.5 | 47.3 | 47.9 | 51.1 | 48.5 | ||||||||||||||||||||||
| Imports | 56.3 | 51.8 | 49.4 | 51.1 | 54.7 | 55.2 | 51.8 | 48.2 | 50.3 | 48.9 | 43.7 | 49.2 | 54.6 | 45.9 | 51.7 | 48.2 |
Latest reading
Manufacturing PMI (ISM) stood at 54.6 in Aug 2026. That is −1.8% from Jul 2026 and +11.7% from a year earlier. The series on this page is monthly and runs from Jan 2020 to Aug 2026. Source: Institute for Supply Management (ISM).
- Latest
- 54.6
- Aug 2026
- vs previous period
- −1.8%
- Jul 2026
- vs a year earlier
- +11.7%
About this data
US ISM manufacturing and services PMI from the Institute for Supply Management. It tracks main sector indexes, sub-indexes like new orders and employment, and monthly data since 2020. A reading above 50 indicates month-on-month expansion, while readings below 50 point to contraction.
Frequently asked questions
- What does the US ISM PMI measure?
- The US ISM PMI measures business conditions and economic activity in the manufacturing and services sectors based on surveys of purchasing managers across the United States.
- How often is the US ISM PMI published and how far back does it go?
- It is published monthly by the Institute for Supply Management, with series coverage starting from the year 2020.
- Which sub-indexes are available in this table?
- The table includes main indexes for both manufacturing and services along with sub-indexes such as new orders, production, employment, supplier deliveries, and prices.
- How should the US ISM PMI index levels be read?
- A reading above 50 indicates that the sector is expanding compared to the previous month, while a reading below 50 indicates contraction.
