Purchasing Managers' Index (PMI)

April 2022

Missouri’s Purchasing Managers’ Index (PMI) for April was 68.5, decreasing 9.6 points from March, but still well in expansion territory, according to the monthly Mid-America Business Conditions Survey, conducted by Creighton University, Omaha, NE.

For 23 of the past 24 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 April PMI® for manufacturing registered 55.4, decreasing by 1.7 points from the March reading. 

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

 

 April 2022 ISM U.S. Purchasing Managers' Indices