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Sunday, June 16, 2019
HomeNewsEconomyISM Manufacturing Index (PMI) Declines to 52.8 in March, Missing Forecast Range

ISM Manufacturing Index (PMI) Declines to 52.8 in March, Missing Forecast Range

Manufacturing industry production concept, depicting factory production on a conveyor belt with factory operational workers in uniform. (Photo: AdobeStock)
Manufacturing industry production concept, depicting factory production on a conveyor belt with factory operational workers in uniform. (Photo: AdobeStock)
Manufacturing industry production concept, depicting factory production on a conveyor belt with factory operational workers in uniform. (Photo: AdobeStock)

The Institute for Supply Management (ISM) manufacturing index (PMI) fell 2.5 percentage points in March to 52.8, missing the consensus forecast.

PriorConsensusForecast RangeActual
ISM Manufacturing Index (PMI)55.3 55.0 54.5 — 55.5 52.8 
New Orders Index57.451.7
Production Index55.852.3
Employment Index57.552.4
Supplier Deliveries Index54.254.6
Inventories Index51.852.9
Prices Index 50.054.3
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