MFG Calcs Signals

Is U.S. Manufacturing Expanding or Contracting?

Name: MFG Calcs PMI
Creator: MFG Calcs
License: https://creativecommons.org/licenses/by/4.0/

The MFG Calcs PMI: a free, reproducible Purchasing Managers' Index for U.S. manufacturing, built from federal hard data, not a survey. Above 50 means expansion.

What this Signal shows

Read a free, reproducible manufacturing PMI built from public federal data, with the 50 line, the five components, the expansion or contraction streak, and a regional Fed survey cross-check.

Cadence, source and downloads

Cadence: Refreshed automatically whenever the underlying federal data updates.
An illustrative hard-data diffusion index modeled on the proprietary ISM and S&P Global PMIs, built from public Census, Federal Reserve, and BLS series. Full index at /signals/pmi.
Free to download as History (CSV), Full index (JSON), Methodology (JSON) under CC BY 4.0.

Last reviewed 2026-10-01.