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U.S. manufacturing PMI rises to 57.0, highest in four years and four months

  • S&P Global released its September U.S. manufacturing PMI flash estimate.
  • The index rose to 57.0 from August’s final reading of 53.9.
  • The result exceeded expectations and reached its highest level in approximately four years and four months.

S&P Global’s September U.S. Manufacturing Purchasing Managers’ Index (PMI), a gauge of factory activity, rose to a flash reading of 57.0 from August’s final 53.9. The result exceeded market expectations and marked the index’s highest level in approximately four years and four months.

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