2012 Economic Calendar
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PMI Manufacturing Index  
Released On 6/1/2012 9:00:00 AM For May, 2012
PriorActual
Level56.0 54.0 

Highlights
May was a healthy month for US manufacturing based on Markit's PMI which came in at 54.0, safely above 50 to indicate growth compared to April but 2 points below April to indicate a slower rate of growth. Output is steady while new orders are coming in at a moderate and sustainable rate though export orders, reflecting weakness in Europe and China, are flat. Total backlogs continue to build while inventories are healthy and steady. Price pressures for both inputs and outputs show significant moderation in the month. Markit's PMI, which is the new kid on the calendar, has been holding tightly around the 55 level so far this year, slightly above the ISM's PMI, the May version of which will be posted later this morning at 10:00 a.m. ET.

Definition
Based on monthly questionnaire surveys of selected companies, the Purchasing Managers' Manufacturing Index (PMI) offers an advance indication on month-to-month activity in the private sector economy by tracking changes in variables such as output, new orders, stock levels, employment and prices across manufacturing industries. The final index for the current month is released roughly a week after the flash.  Why Investors Care
 

2012 Release Schedule
Released On: 5/16/17/28/19/410/111/112/3
Release For: AprMayJunJulAugSepOctNov
 


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