US Manufacturing PMI surveys factory purchasing managers on output, orders and hiring; a reading above 50 means the manufacturing sector is expanding and below 50 means it is contracting.
Actual
55.1
Forecast
55.3
Previous
54.5
Source: S&P Global. Figures as released; revisions appear in the next print.
US Manufacturing PMI for May 2026 came in at 55.1 versus 55.3 expected (previous 54.5), below forecast, which was negative for the USD.
What it meant for the US Dollar
The actual landed below the 55.3 forecast (0.2 below expectations). A reading above forecast is generally bullish for the USD, and below forecast bearish. On this release the read was negative for the USD.
New to this release? See what US Manufacturing PMI measures, the next release and its full history.