IHS Markit Flash U.S. Composite PMI

IHS Markit compiles data from the Purchasing Managers’ Index (PMI) for more than 40 economies worldwide. Monthly reports are derived from survey data collected from senior executives at private sector companies. This month, private sector firms in the...
Apr 28, 2020

IHS Markit compiles data from the Purchasing Managers’ Index (PMI) for more than 40 economies worldwide. Monthly reports are derived from survey data collected from senior executives at private sector companies. This month, private sector firms in the United States indicated a vast decline for April. Manufacturing and service sector companies noticed a decline while the United States continued to battle the COVID-19 pandemic. Compared to the 40.9 listed in March, the IHS Markit Flash U.S. Composite PMI for April fell to 27.4.

Read the full report here.

PicturePicture
Author
Patrick McGibbon
Chief Knowledge Officer
Recent intelligence News
Suppliers throughout the Department of Defense supply chain received memos this fall from their biggest customers mandating they demonstrate steps taken toward obtaining cybersecurity certification, or lose out on new contracts. For many small...
May data signaled a slightly softer, but nonetheless severe, contraction in U.S. manufacturing output. The decrease in output was largely driven by a further weakening of client demand and lower new order inflows from both domestic and foreign customers...
Jan de Nijs oversees Lockheed Martin’s manufacturing production data collection and management at the F-35 plant in Ft. Worth, Texas and is team leader within the Lockheed Martin Digital Transformation Program. In 2019, he was awarded the prestigious...
"The challenges are not necessarily capturing and analyzing data, rather what to analyze in the first place,” says ABI Research. Data management and data analytics continue to become an essential part of how manufacturers conduct business...
The University of Michigan’s Consumer Confidence Index fell from 101 in February to 72 in April. University analysts state that a collapse in confidence stemmed from concerns around personal finances and the national economy – both related to fallout...
Similar News
undefined
Technology
By AMT | Jan 04, 2021

Episode 40: We’ve made it to the end of 2020! Ben and Steve start by conversing their general observations from the year. Next, they get a bit more serious by discussing the year’s impact on the economy. Benjamin and Stephen wrap up by beginning to talk...

1 min
undefined
International
By Edward Christopher | Mar 04, 2020

We’ve stated it here before: The majority of the world’s machine tool market lies outside of the United States. Consumption statistics put that number in excess of 80 percent, leaving less than 20 percent here at home. If you are not exporting or...

3 min
undefined
Intelligence
By Patrick McGibbon | Mar 04, 2020

USMTO closed a historic year as we published December 2019 data reports. Topping the list was the complete redevelopment of USMTO operating software. From the user interface to the duplicate elimination and masking algorithms,...

4 min