29 Oct United States Composite PMI
Composite Pmi in the United States increased to 51.20 Index Points in October from 51 Index Points in September of 2019. Composite Pmi in the United States is reported by Markit Economics. In the United States, Markit Composite PMI Output Index tracks business trends across both manufacturing and service sectors (60 percent from the manufacturing sector and 40 percent from the services sector). The index is based on data collected from a representative panel of over 1,000 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. This page provides the latest reported value for – United States Composite PMI – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.