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United States Non Manufacturing Purchasing Managers' Index (PMI)

Price

49.4 Points
Change +/-
-2 Points
Percentage Change
-3.97 %

The current value of the Non Manufacturing Purchasing Managers' Index (PMI) in United States is 49.4 Points. The Non Manufacturing Purchasing Managers' Index (PMI) in United States decreased to 49.4 Points on 4/1/2024, after it was 51.4 Points on 3/1/2024. From 7/1/1997 to 5/1/2024, the average GDP in United States was 54.86 Points. The all-time high was reached on 11/1/2021 with 67.6 Points, while the lowest value was recorded on 11/1/2008 with 37.8 Points.

Source: Institute for Supply Management

Non Manufacturing Purchasing Managers' Index (PMI)

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

PMI Non-Manufacturing Sector

Non Manufacturing Purchasing Managers' Index (PMI) History

DateValue
4/1/202449.4 Points
3/1/202451.4 Points
2/1/202452.6 Points
1/1/202453.4 Points
12/1/202350.5 Points
11/1/202352.5 Points
10/1/202351.8 Points
9/1/202353.6 Points
8/1/202354.5 Points
7/1/202352.7 Points
1
2
3
4
5
...
33

Similar Macro Indicators to Non Manufacturing Purchasing Managers' Index (PMI)

NameCurrentPreviousFrequency
🇺🇸
Automobile production
11.18 M Units11.73 M UnitsMonthly
🇺🇸
Bankruptcies
22,762 Companies22,060 CompaniesQuarter
🇺🇸
Business Climate
48.5 points48.7 pointsMonthly
🇺🇸
Business Inventories
0.5 %0.3 %Monthly
🇺🇸
Capacity Utilization
78.7 %78.2 %Monthly
🇺🇸
CFNAI Employment Index
0 points-0.05 pointsMonthly
🇺🇸
CFNAI Index for Personal Consumption and Housing
-0.02 points-0.02 pointsMonthly
🇺🇸
CFNAI Production Index
-0.25 %-0.23 %Monthly
🇺🇸
CFNAI Sales, Order, and Inventory Index
-0.02 %-0.01 %Monthly
🇺🇸
Changes in Inventory Levels
60.2 B USD71.7 B USDQuarter
🇺🇸
Chicago Fed National Activity Index
0.18 points-0.26 pointsMonthly
🇺🇸
Chicago PMI
41.6 points46.6 pointsMonthly
🇺🇸
Composite Leading Indicator
100.25 points100.125 pointsMonthly
🇺🇸
Composite PMI
55.3 points54.1 pointsMonthly
🇺🇸
Consistency Index
143.15 points142.9 pointsMonthly
🇺🇸
Corn Grain Reserves
1.76 B Bushels4.993 B BushelsQuarter
🇺🇸
Corporate profits
2.727 T USD2.803 T USDQuarter
🇺🇸
Dallas Fed Manufacturing Delivery Index
2.8 points-3 pointsMonthly
🇺🇸
Dallas Fed Manufacturing Employment Index
-2.9 points-5.3 pointsMonthly
🇺🇸
Dallas Fed Manufacturing Index
-15.1 points-19.4 pointsMonthly
🇺🇸
Dallas Fed Manufacturing Prices Paid Index
21.5 points20.4 pointsMonthly
🇺🇸
Dallas Fed Manufacturing Production Index
0.7 points-2.8 pointsMonthly
🇺🇸
Dallas Fed New Order Index
-1.3 points-2.2 pointsMonthly
🇺🇸
Dallas Fed Service Sector Revenue Index
7.7 points1.9 pointsMonthly
🇺🇸
Dallas Fed Services Index
-4.1 points-12.1 pointsMonthly
🇺🇸
Durable Goods Orders
-0.7 %-0.9 %Monthly
🇺🇸
Durable Goods Orders Excluding Defense
-0.2 %-0.5 %Monthly
🇺🇸
Durable Goods Orders Excluding Transportation
0.5 %-0.1 %Monthly
🇺🇸
Factory Orders
-0.5 %-0.8 %Monthly
🇺🇸
Factory Orders Excluding Transportation
0.7 %0.4 %Monthly
🇺🇸
Grain Reserves Wheat
702 M Bushels1.087 B BushelsQuarter
🇺🇸
Industrial production
0.4 %-0.7 %Monthly
🇺🇸
Industrial Production MoM
0.9 %0 %Monthly
🇺🇸
ISM Manufacturing Backlog
42.3 points44.1 pointsMonthly
🇺🇸
ISM Manufacturing Deliveries
52.6 points49.8 pointsMonthly
🇺🇸
ISM Manufacturing Employment
49.3 points51.1 pointsMonthly
🇺🇸
ISM Manufacturing Inventory Levels
42.6 points43.9 pointsMonthly
🇺🇸
ISM Manufacturing Prices
52.1 points57 pointsMonthly
🇺🇸
ISM Manufacturing Production
45.9 points48.5 pointsMonthly
🇺🇸
ISM New Orders Manufacturing
49.3 points45.4 pointsMonthly
🇺🇸
ISM New Orders Non-Manufacturing
54.1 points52.2 pointsMonthly
🇺🇸
ISM Non-Manufacturing Business Activity
57.2 points59.9 pointsMonthly
🇺🇸
ISM Non-Manufacturing Employment
47.1 points45.9 pointsMonthly
🇺🇸
ISM Non-Manufacturing Prices
58.1 points59.2 pointsMonthly
🇺🇸
Kansas Fed Composite Index
-8 points-2 pointsMonthly
🇺🇸
Kansas Fed Employment Index
1 points-2 pointsMonthly
🇺🇸
Kansas Fed Manufacturing Index
-11 points-1 pointsMonthly
🇺🇸
Kansas Fed Manufacturing Index
-13 points-6 pointsMonthly
🇺🇸
Kansas Fed Manufacturing Index
0 points7 pointsMonthly
🇺🇸
Kansas Fed Paid Prices Index
19 points18 pointsMonthly
🇺🇸
Leading Indicator
101.2 points101.7 pointsMonthly
🇺🇸
LMI Logistics Manager Index Future
66.1 points65.5 pointsMonthly
🇺🇸
LMI Storage Costs
63.6 points65.2 pointsMonthly
🇺🇸
LMI Transport Prices
61 points57.8 pointsMonthly
🇺🇸
LMI Warehouse Prices
64.5 points64.9 pointsMonthly
🇺🇸
LMI-Logistics Manager Index
56.5 points55.3 pointsMonthly
🇺🇸
Manufacturing PMI
51.6 points51.3 pointsMonthly
🇺🇸
Manufacturing Production
-0.3 %-0.6 %Monthly
🇺🇸
Manufacturing Production MoM
0.9 %-0.4 %Monthly
🇺🇸
Mining Production
-1.5 %-2.5 %Monthly
🇺🇸
New Orders
584.245 B USD587.023 B USDMonthly
🇺🇸
NFIB Business Optimism Index
90.5 points89.7 pointsMonthly
🇺🇸
NY Empire State Employment Index
-8.7 points-6.4 pointsMonthly
🇺🇸
NY Empire State Manufacturing Index
-6 points-15.6 pointsMonthly
🇺🇸
NY Empire State Manufacturing Index
-1 points-16.5 pointsMonthly
🇺🇸
NY Empire State Manufacturing Index
3.3 points-1.2 pointsMonthly
🇺🇸
NY Empire State Prices Paid Index
27.8 points29 pointsMonthly
🇺🇸
Orders for Capital Goods Excluding Defense and Aircraft
1 %-0.9 %Monthly
🇺🇸
Philadelphia Fed Manufacturing Index
1.3 points4.5 pointsMonthly
🇺🇸
Philly Fed Business Climate
56.6 points36.7 pointsMonthly
🇺🇸
Philly Fed CAPEX Index
12.1 points20.1 pointsMonthly
🇺🇸
Philly Fed Employment
-2.5 points-7.9 pointsMonthly
🇺🇸
Philly Fed New Orders
-2.2 points-7.9 pointsMonthly
🇺🇸
Philly Fed Prices Paid
22.5 points18.7 pointsMonthly
🇺🇸
Retail Inventory Excluding Autos
0.2 %0.6 %Monthly
🇺🇸
Richmond Fed Manufacturing Index
-10 points0 pointsMonthly
🇺🇸
Richmond Fed Manufacturing Shipments
-9 points13 pointsMonthly
🇺🇸
Richmond Fed Services Index
9 points3 pointsMonthly
🇺🇸
Services PMI
55.1 points54.8 pointsMonthly
🇺🇸
Soybean Grain Reserves
969 M Bushels1.845 B BushelsQuarter
🇺🇸
Steel production
6.6 M Tonnes6.7 M TonnesMonthly
🇺🇸
Total Vehicle Sales
16 M 15.8 M Monthly
🇺🇸
Vehicle Registrations
279,800 261,300 Monthly
🇺🇸
Wholesale Inventory Levels
0.6 %0.2 %Monthly

The Non-Manufacturing ISM Report On Business® is based on data compiled from purchasing and supply executives nationwide. Survey responses reflect any changes in the current month compared to the previous month. For each of the indicators measured (Business Activity, New Orders, Backlog of Orders, New Export Orders, Inventory Change, Inventory Sentiment, Imports, Prices, Employment, and Supplier Deliveries), this report shows the percentage reporting each response and the diffusion index. An index reading above 50 percent indicates that the non-manufacturing economy in that index is generally expanding; below 50 percent indicates it is generally declining. Orders to service producers constitute about 90 percent of the US economy.

What is Non Manufacturing Purchasing Managers' Index (PMI)?

The Non-Manufacturing PMI, or Purchasing Managers' Index, is a critical macroeconomic indicator that measures the economic health of the services sector, which includes industries outside of manufacturing. As the global economy evolves, understanding the movements and implications of the Non-Manufacturing PMI becomes increasingly essential for analysts, investors, policymakers, and business leaders. The PMI is a composite index derived from monthly surveys of purchasing managers, and it is based on key indicators such as new orders, inventory levels, production, supplier deliveries, and employment conditions. This index is vital for gauging the overall business health and economic trends within the non-manufacturing sectors. At Eulerpool, we strive to present this macroeconomic data with clarity and precision, facilitating informed decision-making for our users. The Non-Manufacturing PMI primarily encompasses several industries including retail, health care, finance, and real estate, among others. Given that these sectors significantly contribute to the GDP of advanced economies, the Non-Manufacturing PMI is a substantial indicator of economic vitality. A PMI above 50 generally indicates expansion in the non-manufacturing sector, while a reading below 50 signals contraction. The insights drawn from this index enable stakeholders to gauge economic trends, make strategic business decisions, and forecast future economic activities. Non-Manufacturing PMI surveys typically involve interviewing representatives from thousands of companies across various industries. The responses are then weighted and aggregated to construct a single headline index number. Survey questions focus on changes in business activities compared to the previous month, with respondents indicating whether activities have improved, remained the same, or deteriorated. This approach ensures that the index reflects current economic conditions concisely and accurately. The Non-Manufacturing PMI, by capturing fluctuations in key business metrics such as new orders and employment, provides timely insights into economic dynamics. These insights are pivotal for investors seeking to assess the potential for growth or recession in the markets. By understanding the PMI trends, investors can make better investment decisions, allocate resources efficiently, and optimize their portfolios in anticipation of economic shifts. Moreover, the broader economic implications gleaned from the Non-Manufacturing PMI can influence stock market performance, interest rates, and currency movements. Policymakers also rely heavily on the Non-Manufacturing PMI. Governments and central banks monitor these figures closely to design appropriate fiscal and monetary policies. For instance, a consistently high PMI may indicate overheating in the economy, prompting policymakers to consider tightening measures. Conversely, a declining PMI might necessitate stimulating actions to bolster economic activity. Data from the Non-Manufacturing PMI forms a crucial part of the economic analysis that informs policy decisions aiming to maintain economic stability and growth. Businesses, particularly those operating in the service sectors, also utilize the Non-Manufacturing PMI to strategize and make operational decisions. By analyzing PMI data, companies can gauge the demand for their products or services, optimize inventory and supply chain management, and plan for workforce changes. For example, a rising PMI could suggest increased demand, prompting companies to scale up production and hire additional staff. Conversely, a declining PMI might lead companies to adopt cost-cutting measures and streamline operations to preserve profitability. From an economic research perspective, the Non-Manufacturing PMI offers a wealth of data for analytical purposes. Economists and financial analysts deploy PMI figures to construct models predicting economic performance, identify cyclical trends, and develop insights into the broader economic landscape. The PMI serves as a leading indicator, often signaling changes in economic conditions before they are reflected in other economic data such as GDP growth or employment statistics. One of the notable strengths of the Non-Manufacturing PMI is its timeliness. Because the surveys are conducted monthly and the results are released shortly thereafter, the PMI provides a near real-time snapshot of economic conditions. This monthly cadence allows for quick identification of emerging trends and enables swift responses to economic developments. At Eulerpool, we prioritize presenting the Non-Manufacturing PMI data in a user-friendly, accessible format. Our platform offers detailed breakdowns, historical data, and visual tools such as charts and graphs to help users interpret the data accurately. We understand that our users demand precision and comprehensiveness, and we leverage sophisticated analytical tools to meet these demands. By providing in-depth analysis and contextual information, we ensure that our users gain a holistic understanding of the Non-Manufacturing PMI and its implications. In summary, the Non-Manufacturing PMI is an indispensable tool for assessing the health and direction of the service economy. It informs a broad range of economic actors from investors and policymakers to business leaders and researchers. At Eulerpool, we are committed to delivering this vital macroeconomic data accurately and promptly, empowering our users to make informed decisions based on robust economic insights. The Non-Manufacturing PMI, with its encompassing scope and predictive power, remains a cornerstone of economic analysis in the contemporary economic landscape, underlining the pivotal role of the service sector in driving economic growth and stability.