Purchasing Managers' Index (PMI)

July 2021

Missouri’s Purchasing Managers’ Index (PMI) for July was 71.3, increasing 3.6 points from June, and still well in expansion territory, according to the monthly Mid-America Business Conditions Survey, conducted by Creighton University, Omaha, NE.

For 14 of the past 15 months, the Creighton University Mid-America Business Conditions Index, a leading economic indicator for the nine-state region stretching from Minnesota to Arkansas, remained above growth neutral. 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 July PMI® for manufacturing registered 59.5, decreasing 1.1 points from the June reading of 60.6 percent. 

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

 

 July 2021 ISM U.S. Purchasing Managers' Indices