US ISM Manufacturing PMI (Sep) 54.5 vs Exp. 55 (prev. 54.6)
September’s PMI eased from August, while new orders, employment and backlogs strengthened; prices increased faster, and inventories contracted.
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Economic Indicators – September vs. August Metric Sep Aug % Point Change Direction Rate of Change Trend* (Months) Manufacturing PMI® 54.5 54.6 -0.1 Growing Slower 9 New Orders 55.3 53.7 +1.6 Growing Faster 9 Production 56.7 58.3 -1.6 Growing Slower 11 Employment 52.7 51.2 +1.5 Growing Faster 3 Supplier Deliveries 59.0 59.3 -0.3 Slowing Slower 10 Inventories 48.6 50.6 -2.0 Contracting From Growing 1 Customers’ Inventories 41.6 42.8 -1.2 Too Low Faster 24 Prices 77.9 71.1 +6.8 Increasing Faster 24 Backlog of Orders 56.4 51.8 +4.6 Growing Faster 9 New Export Orders 50.9 53.2 -2.3 Growing Slower 3 Imports 51.0 52.5 -1.5 Growing Slower 8
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