Economic Impact Group, LLC Economic Data Brief
 
Manufacturing

ISM Manufacturing PMI — September 2026

Released October 1, 2026 · Institute for Supply Management · full release · charts & history on EconomicsGuru
Manufacturing PMI fell by 0.1 pts in September 2026 to 54.5. Prior month: 54.6.
PMI
54.5
▼ −0.1 pts m/m
New orders
55.3
▲ +1.6 pts m/m
Production
56.7
▼ −1.6 pts m/m
Employment
52.7
▲ +1.5 pts m/m

Revision check

Revision check clear. Prior periods were checked against the values in the last report — no revisions found. All changes below are computed on current-vintage data.

Key figures

Headline →September 2026August 2026M/M chgM/M %Y/Y chgY/Y %12-period trend
Manufacturing PMI
consensus 55.2
54.554.6▼ −0.1 pts▼ −0.2%▪ ——
 
 
 
 
New orders55.353.7▲ +1.6 pts▲ +3.0%▪ ——
 
 
 
 
Production56.758.3▼ −1.6 pts▼ −2.7%▪ ——
 
 
 
 
Employment52.751.2▲ +1.5 pts▲ +2.9%▪ ——
 
 
 
 
Prices paid77.971.1▲ +6.8 pts▲ +9.6%▪ ——
 
 
 
 
Trend bars show the level over the last 13 periods; the latest period is highlighted.

What stood out

  • Inventories: 3 straight months of decline.

Full detail

Show every category and subcategory
Full detail — remaining subindexes →September 2026August 2026M/M chgM/M %Y/Y chgY/Y %
Supplier deliveries59.059.3▼ −0.3 pts▼ −0.5%▪ ——
Inventories48.650.6▼ −2.0 pts▼ −4.0%▪ ——
Backlog of orders56.451.8▲ +4.6 pts▲ +8.9%▪ ——
New export orders50.953.2▼ −2.3 pts▼ −4.3%▪ ——
Imports51.052.5▼ −1.5 pts▼ −2.9%▪ ——

Sources

Economic Impact Group, LLC
Economic research for developing communities
Prepared 2026-10-01 15:18 UTC. Green marks an increase, red a decrease — direction only, not good or bad.