2018 Economic Calendar
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PMI Manufacturing Index  
Released On 4/2/2018 9:45:00 AM For Mar, 2018
PriorConsensusConsensus RangeActual
Level55.3 55.7 55.5  to 55.7 55.6 

Highlights
The manufacturing PMI finishes March steady and firm at 55.6, 1 tenth lower than the mid-month flash and 3 tenths above February. Strength in new orders, including export orders, is a highlight of the March report as is a 3-year high for business expectations. Output is strong but slowing and the sample continues to hire but at an easing rate.

Capacity strains are evident including the sharpest increase in delivery times in four years and also a jump in input costs with respondents citing rising tariffs and also rising raw material costs. And higher prices are being passed through to customers with selling prices rising to a 5-year high.

The data are piling up showing accelerating factory conditions including building signs of inflation. This index has been on the climb over the last half year but is still running noticeably cooler than the ISM report which has been running very hot and which follows later this morning at 10:00 a.m. ET.

Consensus Outlook
The PMI manufacturing index is expected to come in at a final of 55.7 in March, unchanged from the mid-month flash and down slightly from February. Though orders and employment have been strong, this report has been running cooler than the ISM manufacturing index.

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
 

2018 Release Schedule
Released On: 1/22/13/14/25/16/17/28/19/410/111/112/3
Release For: DecJanFebMarAprMayJunJulAugSepOctNov
 


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