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FinVolio

Economy · United States · Business activity

US ISM manufacturing new orders

55.3 in September 2026, compared with 53.7 in August 2026.

Monthly · index, 50 = no change · 48.9 a year earlier · Updated 11 hrs ago

Next: ISM manufacturing PMI, Tue, 3 Nov, 2:00am Sydney time (usual time)

Add US ISM manufacturing new orders to your list

Range, past 10 years52-week and 10-year range The lowest and highest values over a period, with a marker for where the latest value sits between them. Learn more
44.6 Aug 202457.1 Jan 2026
Over 3 monthsYear on year, month on month, quarter on quarter How a figure compares with the same period a year earlier (y/y), or with the period just before (m/m, q/q). Year-on-year removes seasonal swings; shorter comparisons show turning points sooner. Learn more
−1.3%from 56.0
Over 12 monthsPercentage points and basis points The difference between two percentages. A rate rising from 4.00% to 4.25% is up 0.25 percentage points, or 25 basis points; it is not up 0.25%. Learn more
+13.1%from 48.9
Long-run averageLong-run average The average of every reading in the series' history. A rough guide to what is normal, though economies change and some series never return to their old average. Learn more
50.4since 2023
Against its historyPercentile against history Where the latest reading ranks among every reading since the series began. The 90th percentile means it is higher than 90% of past readings. Learn more
82ndpercentile: higher than 82% of readings since 2023

HistorySeasonally adjusted A figure with the regular calendar pattern removed (Christmas, school holidays, harvests), so one month can be compared fairly with the next. Learn more

index, 50 = no change, monthly

Show the data
Periodindex, 50 = no change
September 202655.3
August 202653.7
July 202656.7
June 202656.0
May 202656.8
April 202654.1
March 202653.5
February 202655.8
January 202657.1
December 202547.4
November 202547.3
October 202548.7
September 202548.9
August 202551.4
July 202547.1
June 202546.4
May 202547.6
October 202447.1
September 202446.1
August 202444.6
July 202447.4
June 202449.3
May 202445.4
April 202449.1

The latest 24 readings in this range.

Source: Institute for Supply Management, Report On Business (manufacturing), from ISM's monthly press releases. Data from November 2023.

Next releaseFinVolio estimates FinVolio's own estimate of what an upcoming release will show, from a stated statistical rule and, where available, an AI estimate with its reasoning. Not a consensus forecast and not advice. Learn more

Tue, 3 Nov, 2:00am Sydney time (usual time) · ISM manufacturing PMI, for October 2026

AI estimateFinVolio estimates FinVolio's own estimate of what an upcoming release will show, from a stated statistical rule and, where available, an AI estimate with its reasoning. Not a consensus forecast and not advice. Learn moreclaude-sonnet-5-554.4range 52.3 to 56.4
Model estimate80% range A band that the actual figure should land inside about four times in five. If actuals fall outside it more often than one time in five, the estimate is overconfident. Learn morelast reading plus half the recent trend54.7range 52.9 to 56.5
Last reading55.3September 2026

The PMI has held at 52.4-55.6 since January 2026 and was 54.5 in September, with new orders at 55.3 and employment at 52.7 supporting continued expansion. Mean reversion and very high prices paid (77.9) point to a slight drift down from the 54.5 level, so the estimate sits just below the 54.7 baseline.

Estimates are FinVolio's own, made from this series and related indicators. They are not a consensus forecast and not advice.

What it measures

The share of manufacturers reporting more new orders than a month earlier, less those reporting fewer, expressed as an index around 50.

Why it matters

Orders come before production, so this is the most forward-looking part of the survey.