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Data from Financial Modeling Prep. Forecasts by Sigmanomics Forecast Engine.
United StatesMarkit Manufacturing PMI climbed to 58.5 in March 2022
Markit Manufacturing PMI climbed to 58.5 in March 2022, up 1.2 from February's 57.3 reading. The reading matched the 56.3 consensus. Over the past 3 months, Markit Manufacturing PMI averaged 56.6, vs 59.09 in the prior 3-month window. The reading is in the 27th percentile of the trailing 24-month range.
Latest Release
58.5
Actual
56.3
Consensus
57.3
Previous
The March 2022 reading rose from the previous value of 57.3. Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks) and negatively correlated with EUR/USD (Bearish EUR).
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Markit Manufacturing PMI - US
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