Purchasing Managers' Index (PMI)

December 2024

Missouri’s Purchasing Managers’ Index (PMI) for November was 46.1, increasing 8.6 points from November indicating an contracting economy, according to the monthly Mid-America Business Conditions Survey, conducted by Creighton University, Omaha, NE.

After falling below growth neutral in November, the Creighton University Mid-America Business Conditions Index, bounced above the 50.0 growth neutral threshold in December.

Economists consider the index a key economic indicator. It measures such factors as new orders, production, supplier delivery times, backlogs, inventories, prices, employment, import orders and exports. Typically, a score greater than 50 indicates an expansionary economy while a score below 50 forecasts a sluggish economy. The US December PMI® for manufacturing registered 47.7, increasing a percentage point from the November reading

Note: The national purchasing manager's indices are produced by the Institute for Supply Management, formerly the Purchasing Management Association.

 

 December 2023 ISM U.S. Purchasing Managers' Indices