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US Manufacturing Payrolls climbed to 12,652 Thousands in August 2026, released September 2026, up 9 Thousands from July's 12,643 Thousands reading.
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| MSFT | ▲ Direct | +0.45 | STOCKS | Moves with | → View |
| USD/CAD | ▲ Direct | +0.41 | FOREX | Moves with | → View |
| AUD/USD | ▼ Inverse | −0.41 | FOREX | Moves against | → View |
| USD/CHF | ▲ Direct | +0.39 | FOREX | Moves with | → View |
| EUR/USD | ▼ Inverse | −0.37 | FOREX | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
Manufacturing Payrolls (United States) was reported at 12,652.00 Thousands in August 2026. The reading rose from the previous value of 12,643.00 Thousands. Over the past 12 months, the indicator has averaged 12,605.36 Thousands, ranging from 12,580.00 Thousands to 12,652.00 Thousands across 11 releases. This is classified as a high-impact indicator released on a monthly basis.
The indicator has been trending upward over the last three releases. The trailing three releases averaged 12,641.00 Thousands, up from the prior three at 12,600.00 Thousands. Volatility over the past year (σ 23.71 Thousands) is lower than the prior year (σ 32.42 Thousands). In September readings over the past 3 years, Manufacturing Payrolls has averaged 12,674.00 Thousands.
Historically, this indicator is positively correlated with MSFT (Bullish MSFT). A secondary relationship exists with USD/CAD, positively correlated (Bullish USD).
The next release is scheduled for November 6, 2026. Same-country events in the next 14 days include Initial Jobless Claims (Oct 29) and GDP Price Index QoQ (Oct 29).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
Manufacturing Payrolls is a financial indicator that measures the number of employees working in the manufacturing sector of the economy. This data is used to assess the health and growth of the manufacturing industry, which is a key driver of economic activity. It provides valuable insights into the overall employment trends and can be used by investors, policymakers, and businesses to make informed decisions. A higher number of manufacturing payrolls is generally seen as a positive sign for the economy, indicating increased production and consumer demand.
Labor-market data shapes consumer-spending forecasts and is closely tracked by central banks assessing the output gap and wage-inflation pass-through. Surprises against consensus typically move rates and currencies on release. Released monthly.
Latest reading (Sep 2026): actual 12,652 Thousands. Prior reading (Aug 2026): 12,643 Thousands. Before that (Jul 2026): 12,628 Thousands.
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with MSFT (Bullish MSFT, r=0.45) — a useful reference for stocks-focused traders.
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| Wednesday, October 28, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 12:30 | Wholesale Inventories MoM | 0.6 | 0.5 | 0.5 | 0.55 | Medium | |
| 12:30 | Retail Inventories Ex Autos MoM | 0.4 | 0.1 | -0.1 | 0.15 | Medium | |
| 12:30 | Goods Trade Balance | -134.9 | -132.07 | -130 | -132.45 | High | |
| 14:30 | EIA Distillate Stocks Change | -1.462 | 1.675 | -0.9 | -1.18 | Low | |
| 14:30 | EIA Crude Oil Stocks Change | -1.892 | -3.061 | 0 | -0.95 | Medium | |
| 14:30 | EIA Gasoline Stocks Change | 3.87 | -2.952 | -0.9 | 1.49 | Medium | |
| 18:00 | Fed Interest Rate Decision | 4 | 4 | 4 | 4.00 | High | |
| Thursday, October 29, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | Initial Jobless Claims | 194 | 199 | 197.50 | High | ||
| 12:30 | GDP Price Index QoQ | 6.1 | 3.2 | 4.55 | Medium | ||
| 12:30 | Core PCE Price Index MoM | 0.2 | 0.3 | 0.25 | High | ||
| 12:30 | PCE Price Index YoY | 3.4 | 3.6 | 3.60 | Medium | ||
| 12:30 | Personal Income MoM | 0.2 | 0.3 | 0.25 | High | ||
| 12:30 | PCE Price Index MoM | 0.3 | 0.5 | 0.50 | Medium | ||
| 12:30 | Core PCE Price Index YoY | 3 | 3.1 | 3.10 | High | ||
| 12:30 | Jobless Claims 4-Week Average | 197.75 | 197 | 193.38 | High | ||
| 12:30 | Continuing Jobless Claims | 1728 | 1720 | 1711.00 | High | ||
| 12:30 | Real Consumer Spending QoQ | 3.8 | 3.9 | 5.30 | Low | ||
| 12:30 | GDP Sales QoQ | 2.8 | 3.5 | 3.90 | Low | ||
| 12:30 | Personal Spending MoM | 0.9 | 0.6 | 0.60 | High | ||
| 12:30 | GDP Growth Rate QoQ | 2.2 | 3.2 | 2.90 | High | ||
| 12:30 | Core PCE Prices QoQ | 3.3 | 2.4 | 2.35 | Low | ||
| 12:30 | PCE Prices QoQ | 5 | 3.4 | 3.95 | Low | ||
| 14:30 | EIA Natural Gas Stocks Change | 77 | 75 | 71.50 | Low | ||