United States Composite PMI
monthly
Points
Previous value
52.1 Points on 31/03/2024
Country: USA,
calculating organization: Markit Economics
Latest data on 30/04/2024
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Index description
Country: USA
calculating organization: Markit Economics
Composite PMI (The Cumulative PMI Index) reflects the monthly weighted average dynamics of two PMI indexes: service sectors and industry. The weight of each of the indices is taken into account on the basis of official data on GDP. The index assumes a value from 0 to 100. Values above 50 mean an increase in business activity compared to previous month. The index takes into account seasonal adjustments.
Index value can be retrieved via Cbonds add-in for Excel using the formula CbondsIndexValue(54263, date)