Purchasing Managers' Index for the manufacturing sector, a leading indicator of economic activity based on surveys of purchasing managers. A reading above 50 indicates expansion.
Latest reading: 98.4184(2016-05-31)
· Index
Category: Economy
API Endpoint
/api/v1/announcements/usd/pmi
Use the production OpenAPI schema for the authoritative REST route metadata.
The Purchasing Managers' Index (PMI) for United States surveys private-sector firms on business conditions including new orders, output, employment, and prices. A reading above 50 indicates expansion; below 50 signals contraction.
Why FX traders watch it
PMIs are one of the earliest monthly data points available, often released before official activity statistics. Markets treat them as leading indicators and any sharp divergence from the 50 threshold can drive immediate usd moves.
How to interpret the data
A PMI significantly above 50 signals economic expansion and supports the usd. A move below 50 can shift rate expectations toward easing and weigh on the usd. The key sub-components—new orders and employment—provide forward-looking signals.