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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS S&P Global Manufacturing PMI climbed to 55.1 in May 2026
FMPMonthlyReleased June 2026
US S&P Global Manufacturing PMI climbed to 55.1 in May 2026, released June 2026, up 0.6 from April's 54.5 reading. The reading matched the 55.3 consensus.
Latest Release
55.100000
Actual
55.300000
Consensus
54.500000
Previous
Median Absolute Error
±0.39
across last 12 releases
Last Call
Jun 2026
Predicted: 55.72
Actual: 55.1
Error: +0.62
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
S&P Global Manufacturing PMI (United States) was reported at 55.10 in May 2026. This missed the market consensus of 55.30 by 0.20. The reading rose from the previous value of 54.50. Over the past 12 months, the indicator has averaged 52.22, ranging from 49.50 to 55.30 across 20 releases.
WHY IT MATTERS
The trailing three releases averaged 54.23, up from the prior three at 51.73. Volatility over the past year (σ 1.32) is lower than the prior year (σ 1.76). In June readings over the past 3 years, S&P Global Manufacturing PMI has averaged 51.40.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 0.39.
WHAT TO WATCH NEXT
The next release is scheduled for June 23, 2026. Same-country events in the next 14 days include NY Empire State Manufacturing Index (Jun 15) and Industrial Production MoM (Jun 15).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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S&P Global Manufacturing PMI - US
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About S&P Global Manufacturing PMI — United States
DEFINITION
The S&P Global Manufacturing PMI is a widely recognized financial indicator that measures the performance of the manufacturing sector in major economies around the world. It provides valuable insights into the health and growth of the global manufacturing industry, serving as a key barometer for investors, businesses, and policymakers. The index is based on a monthly survey of purchasing managers, and its timely and accurate data is highly regarded for its ability to forecast economic trends and inform decision-making.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual 55.1, consensus 55.3. Prior reading (May 2026): 55.3. Before that (Apr 2026): 54.5.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.