US composite PMIUS composite PMIUS composite PMI

US composite PMI

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Key data points

Last release
Next release
Time to release
Forecast
Observation period
Apr 2024
Highest
68.70POINTMay 31, 2021
Lowest
27.00POINTApr 30, 2020

About US composite PMI

Category
Business
Frequency
Monthly
Units
POINT
In the United States, the S&P Global Composite PMI Output Index, which is a weighted average of the Manufacturing Output Index and the Services Business Activity Index, tracks business trends across both manufacturing and service sectors. The index is based on data collected from a representative panel of over 800 companies and follows variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity while below 50 points to contraction.

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