ISM Manufacturing PMI
ISM Manufacturing PMI — Historical Chart
12,611
▼ 0.11% YoYJul 2026
All-Time High
19,553
All-Time Low
9,077
Data Since
1939
Source: FRED / ISMShaded = NBER recessions
The ISM Manufacturing Purchasing Managers' Index — a monthly survey of manufacturing executives. Above 50 = expansion; below 50 = contraction. Dating to 1948, it has predicted every recession. One of the most closely watched economic releases each month.