In May 2025, the value of the Service Purchasing Managers' Index in the United States stood at ****. An indicator of the economic health of the service sector, the Services Purchasing Managers' Index is based on four major indicators: business activity, new orders, employment, and supplier deliveries. An index value above ** percent indicates a positive development in the service sector, whereas a value below ** percent indicates a negative situation. Purchasing Managers' Index The Purchasing Manager's Index is a strong indicator of an economic sector's health. The PMI is based on a survey that is sent to more than *** companies in ** primary industries, which are weighted by their overall contribution to the nation's GDP. The industries are organized into economic sectors to construct a PMI relevant to each sector, such as construction being in the manufacturing sector. In 2021, the construction industry added ***** billion U.S. dollars to the Gross Domestic Product (GDP) of the United States. A high contribution to the GDP by an industry generally helps increase the value of the sector's PMI. As of April 2024, the manufacturing PMI indicated a negative situation at ****. The Service Sector The service sector, or tertiary sector, is the section of the economy that deals with the production of services rather than the production of goods or extraction of materials. Within the service sector are many industries such as banking and financial services, construction, education, transportation, hospitality, communication, real estate, information technology, legal services, and more. Unlike the Manufacturing PMI, the Service PMI is based on only four major indicators: business activity, new orders, employment, and supplier deliveries. As a sector that largely relies on human interaction, the service sector was particularly affected by the 2020 COVID-19 pandemic. However, the Services Employment Index, which shows the employment indicator of the Service PMI, was trending upwards over the summer months of 2022. As of March 2023 the SEI decreased to ****.

Business Confidence in the United States increased to 49 points in June from 48.50 points in May of 2025. This dataset provides the latest reported value for - United States ISM Purchasing Managers Index (PMI) - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Mexico PMI: sa: Inventories of Inputs data was reported at 53.174 Point in Mar 2019. This records an increase from the previous number of 52.786 Point for Feb 2019. Mexico PMI: sa: Inventories of Inputs data is updated monthly, averaging 51.589 Point from Jan 2004 (Median) to Mar 2019, with 183 observations. The data reached an all-time high of 54.160 Point in Aug 2014 and a record low of 44.715 Point in Jan 2009. Mexico PMI: sa: Inventories of Inputs data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.S001: Purchasing Managers Index.

In August 2023, the purchasing manager's index (PMI) of the manufacturing sector in Vietnam reached **** index points, indicating a slight increase from the previous month. The highest PMI recorded in the observed timeline was in May 2022 when it was **** points.

United States Report On Business: PMI: Production Index data was reported at 62.300 NA in Jun 2018. This records an increase from the previous number of 61.500 NA for May 2018. United States Report On Business: PMI: Production Index data is updated monthly, averaging 56.400 NA from Jan 1948 (Median) to Jun 2018, with 846 observations. The data reached an all-time high of 84.000 NA in Aug 1952 and a record low of 28.100 NA in Dec 2008. United States Report On Business: PMI: Production Index data remains active status in CEIC and is reported by Institute for Supply Management. The data is categorized under Global Database’s USA – Table US.S001: Institute for Supply Management: Purchasing Manager Index.

Business Confidence in China increased to 49.70 points in June from 49.50 points in May of 2025. This dataset provides - China Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In October 2024, the value of the Service Purchasing Managers' Index in the United States stood at 56. An indicator of the economic health of the service sector, the Services Purchasing Managers' Index is based on four major indicators: business activity, new orders, employment, and supplier deliveries. An index value above 50 percent indicates a positive development in the service sector, whereas a value below 50 percent indicates a negative situation. Purchasing Managers' Index The Purchasing Manager's Index is a strong indicator of an economic sector's health. The PMI is based on a survey that is sent to more than 400 companies in 19 primary industries, which are weighted by their overall contribution to the nation's GDP. The industries are organized into economic sectors to construct a PMI relevant to each sector, such as construction being in the manufacturing sector. In 2021, the construction industry added 958.8 billion U.S. dollars to the Gross Domestic Product (GDP) of the United States. A high contribution to the GDP by an industry generally helps increase the value of the sector's PMI. As of April 2024, the manufacturing PMI indicated a negative situation at 49.2. The Service Sector The service sector, or tertiary sector, is the section of the economy that deals with the production of services rather than the production of goods or extraction of materials. Within the service sector are many industries such as banking and financial services, construction, education, transportation, hospitality, communication, real estate, information technology, legal services, and more. Unlike the Manufacturing PMI, the Service PMI is based on only four major indicators: business activity, new orders, employment, and supplier deliveries. As a sector that largely relies on human interaction, the service sector was particularly affected by the 2020 COVID-19 pandemic. However, the Services Employment Index, which shows the employment indicator of the Service PMI, was trending upwards over the summer months of 2022. As of March 2023 the SEI decreased to 51.3.

In February 2025, the global purchasing manager index (PMI) amounted to 49.6 for new export orders and 50.6 for manufacturing. The manufacturing PMI was at its lowest point in August 2020. It decreased over the last months of 2022 after the effects of the Russia-Ukraine war and rising inflation hit the world economy, and remained around 50 since.

China PMI: Communication, Computer & Other Electronic Equipment (CC) data was reported at 54.700 % in Dec 2009. This records an increase from the previous number of 53.300 % for Nov 2009. China PMI: Communication, Computer & Other Electronic Equipment (CC) data is updated monthly, averaging 54.650 % from Jul 2005 (Median) to Dec 2009, with 54 observations. The data reached an all-time high of 61.400 % in Sep 2005 and a record low of 35.700 % in Dec 2008. China PMI: Communication, Computer & Other Electronic Equipment (CC) data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing: Communication, Computer & Other Electronic Equipment.

Israel PMI: sa: Supplier Delivery Time: Domestic data was reported at 43.400 NA in Oct 2018. This records an increase from the previous number of 38.800 NA for Sep 2018. Israel PMI: sa: Supplier Delivery Time: Domestic data is updated monthly, averaging 49.750 NA from Mar 1997 (Median) to Oct 2018, with 260 observations. The data reached an all-time high of 67.100 NA in Jul 2006 and a record low of 36.400 NA in Aug 2001. Israel PMI: sa: Supplier Delivery Time: Domestic data remains active status in CEIC and is reported by Bank Hapoalim. The data is categorized under Global Database’s Israel – Table IL.S002: Purchasing Managers Index.

Positive Material Identification (PMI) Market Outlook

The global Positive Material Identification (PMI) market size was valued at $2.1 billion in 2023, and it is projected to reach $4.8 billion by 2032, growing at a compound annual growth rate (CAGR) of 9.5% during the forecast period. The PMI market is experiencing robust growth driven by the increasing need for material verification and alloy identification across various industries, stringent safety regulations, and the rising adoption of PMI techniques in quality control and inspection processes.

One of the primary growth factors for the PMI market is the rising demand for quality assurance and control in manufacturing industries. As industries become more digitized and integrated, ensuring the correct composition of materials used in production processes is crucial to maintaining product integrity and safety. PMI techniques like X-ray fluorescence (XRF) and optical emission spectroscopy (OES) provide accurate and non-destructive analysis of materials, enabling manufacturers to meet stringent regulatory compliances and avoid costly recalls or failures. This growing emphasis on quality control is significantly propelling the adoption of PMI technologies across various sectors.

Another significant factor driving the PMI market is the strict regulatory landscape governing material safety and compliance. Industries such as oil & gas, aerospace & defense, and automotive are subject to rigorous standards and regulations that mandate the use of PMI for material verification. For instance, the oil & gas industry relies heavily on PMI to ensure the safety and integrity of pipelines, equipment, and infrastructure by verifying the chemical composition of metals and alloys used. The increasing enforcement of such regulations globally is creating a substantial demand for advanced PMI equipment and services.

The ongoing advancements in PMI technologies are also contributing to market growth. Innovations in PMI equipment, such as portable and handheld devices, have made material identification more accessible and convenient for on-site inspections. These advancements allow for real-time analysis and rapid decision-making, reducing downtime and improving operational efficiency. Additionally, the integration of PMI systems with digital platforms and IoT devices is enhancing data collection, storage, and analysis capabilities, further driving the adoption of PMI techniques across various industries.

On the regional front, North America dominated the PMI market in 2023, accounting for the largest share due to the presence of major industries such as aerospace, automotive, and oil & gas, which heavily rely on PMI for ensuring material compliance. The region's stringent regulatory environment and high adoption of advanced technologies also contribute to its market leadership. However, Asia Pacific is expected to witness the highest growth during the forecast period, driven by rapid industrialization, increasing investments in infrastructure development, and the growing emphasis on quality control and safety standards in emerging economies like China and India.

Offering Analysis

The PMI market is segmented by offering into equipment and services. The equipment segment includes various types of PMI devices, such as handheld, portable, and bench-top analyzers, which are extensively used for material verification and analysis. The growing demand for advanced and user-friendly PMI equipment is driving the growth of this segment. Manufacturers are focusing on developing innovative devices with improved accuracy, speed, and ease of use, which is further boosting the adoption of PMI equipment across various industries. The equipment segment is expected to continue its dominance in the PMI market during the forecast period.

Within the equipment segment, handheld and portable analyzers are witnessing significant growth due to their advantages in terms of mobility, ease of use, and real-time analysis capabilities. These devices are particularly popular in industries such as oil & gas, aerospace, and automotive, where on-site inspections and immediate results are crucial. The increasing demand for handheld and portable PMI devices is driving manufacturers to invest in research and development to enhance their features and performance, supporting the overall growth of the PMI market.

The services segment includes various types of PMI-related services, such as calibration, maintenance, training, and consulting. The growing need for regular maintenance and calibration of PMI equi

The Judo Bank Australia Services PMI fell to 50.3 in June 2023 from 52.1 in the previous month, final data showed. It marked the third consecutive month of expansion in the Australian services sector, albeit the slowest, driven by softer growth in new businesses which led to a slower rise in business activity. Firms continued to hire additional staff to cope with the increased workload. Amid higher demand, inflationary pressures intensified within the service sector. Input cost inflation climbed due to higher interest rates, wages and energy costs. Businesses remained broadly optimistic with regards to future activity but pared back their optimism. This dataset provides - Australia Commonwealth Bank Services PMI- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The private mortgage insurance (PMI) market is experiencing robust growth, driven by a combination of factors. Rising home prices and persistently low interest rates continue to fuel demand for mortgages, particularly among first-time homebuyers who often require PMI to secure financing with a lower down payment. The increasing adoption of digital and direct channels for mortgage applications streamlines the process, leading to higher insurance penetration. Furthermore, the market is diversifying beyond traditional borrower-paid PMI (BPMI), with lender-paid PMI (LPMI) gaining traction due to its potential to reduce upfront costs for borrowers. While regulatory changes and economic downturns can pose challenges, the long-term outlook for the PMI market remains positive, fueled by demographic shifts and sustained demand for homeownership. Key players like Arch Capital Group, Genworth Financial, and MGIC are well-positioned to benefit from this growth, leveraging their expertise in risk assessment and underwriting. Geographic expansion into emerging markets, particularly in Asia and Latin America, presents further growth opportunities as these regions experience rising urbanization and increasing demand for mortgages. The diverse segmentation of the market, including variations in premium structures (single vs. split premium), allows for targeted product offerings to cater to specific borrower needs and risk profiles. Competitive landscape is likely to see further consolidation, as larger players strive to achieve economies of scale and expand their market share. The forecast period (2025-2033) projects sustained growth for the PMI market, albeit at a potentially moderating CAGR compared to the historical period. This moderation reflects a likely stabilization in interest rates and home price appreciation, and increased competition among providers. Nevertheless, the continuous increase in global home ownership, driven by population growth and changing demographics, is expected to offset this moderation, ensuring a continued, albeit possibly slower, expansion of the market size. The geographic distribution of this growth will vary, with developed markets like North America and Europe seeing continued growth, while emerging markets in Asia and Latin America exhibit potentially faster rates of expansion due to higher growth rates in mortgage originations. This dynamic necessitates agile strategic responses from market participants, requiring adaptation to evolving regulatory landscapes and the deployment of innovative risk management technologies. The ongoing development of predictive modelling and data analytics will likely play a major role in shaping the competitive landscape and facilitating greater accuracy in risk assessment.

Business Survey (BS): Prompt Manufacturing Index (PMI) data was reported at 51.925 % in Jun 2025. This records an increase from the previous number of 51.672 % for Mar 2025. Business Survey (BS): Prompt Manufacturing Index (PMI) data is updated quarterly, averaging 50.600 % from Mar 2010 (Median) to Jun 2025, with 62 observations. The data reached an all-time high of 53.714 % in Sep 2022 and a record low of 28.547 % in Jun 2020. Business Survey (BS): Prompt Manufacturing Index (PMI) data remains active status in CEIC and is reported by Bank Indonesia. The data is categorized under Global Database’s Indonesia – Table ID.SF001: Prompt Manufacturing Index. [COVID-19-IMPACT]

Positive Material Identification Market Outlook

The Positive Material Identification (PMI) market size was valued at approximately USD 2.5 billion in 2023, and it is projected to reach USD 4.8 billion by 2032, reflecting a Compound Annual Growth Rate (CAGR) of 7.5% during the forecast period. The growth of this market is underpinned by the increasing demand for quality assurance and control measures across various industries, particularly in sectors where safety and compliance are critical, such as oil & gas, aerospace, and manufacturing. The need for accurate and non-destructive material testing is driving the adoption of PMI technologies globally, supported by regulatory requirements and the rising complexity of modern materials.

One of the primary growth factors for the PMI market is the stringent regulatory environment that mandates rigorous testing and verification of materials used in critical infrastructure and safety-sensitive applications. Industries such as oil & gas and aerospace are particularly impacted due to the potential catastrophic consequences of material failure. PMI techniques such as X-ray Fluorescence (XRF) and Optical Emission Spectroscopy (OES) provide reliable, non-destructive testing methods that help ensure compliance with industry standards. As industries continue to innovate with advanced materials, the demand for precise identification and verification also accelerates, further fueling market growth.

Technological advancements in PMI equipment are another significant factor contributing to market expansion. The evolution of portable and handheld devices has made PMI testing more accessible and convenient, enabling on-the-spot analysis across various environments and conditions. This convenience has not only increased the utilization of PMI technologies in traditional industries but has also opened up opportunities in emerging sectors such as renewable energy and electronics manufacturing. The continuous enhancement of analytical capabilities, along with user-friendly interfaces and improved data management solutions, are making PMI solutions more attractive to a wider range of end-users.

Additionally, the growing focus on cost reduction and efficiency in production processes is encouraging industries to adopt PMI techniques as part of their quality management systems. By ensuring the integrity of raw materials and finished products, companies can minimize rework, reduce waste, and avoid costly production errors, thereby improving overall profitability. This economic advantage is becoming increasingly important in competitive and cost-sensitive sectors, reinforcing the relevance of PMI technologies. In particular, the ongoing industrialization and infrastructure development projects in emerging markets are expected to create substantial opportunities for PMI vendors, as companies seek to uphold quality standards while scaling operations.

Technique Analysis

The PMI market is categorized by techniques, primarily X-ray Fluorescence (XRF) and Optical Emission Spectroscopy (OES). XRF is a popular choice due to its non-destructive testing capabilities, where X-rays are used to excite electrons within a sample, causing them to emit fluorescence that can be analyzed to determine material composition. This technique is especially favored in industries where maintaining the integrity of the sample is crucial, such as in archaeology or high-value metals analysis. Furthermore, XRF devices are increasingly being designed in portable formats, making them ideal for on-site testing and field applications, thus broadening their scope of use.

On the other hand, Optical Emission Spectroscopy (OES) is renowned for its precision in analyzing metallic samples. It employs a spark or arc to vaporize a small portion of the material, which then emits light that can be analyzed to determine the elemental composition of the sample. OES is often used in applications where a high degree of accuracy is required, such as in alloy verification or quality control in metal production. While OES is typically more costly and requires a more controlled environment, its precision makes it indispensable for industries with stringent quality requirements. The growth in the metal and heavy machinery sectors is expected to drive demand for OES systems.

The choice between XRF and OES often depends on the specific requirements of the industry and the nature of the materials being tested. XRF is generally preferred for its ease of use and lower cost of operation, while OES is selected for its superior accuracy, especially in the analysis of light elements and trace elemen

According to Cognitive Market Research, the global PMI Foam market size will be USD 61.30 million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2031. Market Dynamics of PMI Foam Market

Key Drivers for PMI Foam Market

Growing Demand from Aerospace and Defense Industry - One of the main reasons the aerospace and defense industry drives PMI foam growth is that it is used in aircraft and missile applications due to its high strength-to-weight ratio, thermal resistance, and durability. The increasing demand for lightweight materials in aerospace and defense applications fuels the PMI foam market growth.
The lightweight and energy efficiency demands that drive PMI foam growth are anticipated to drive the PMI Foam market's expansion in the years ahead.

Key Restraints for PMI Foam Market

Regulatory compliance increases operational costs for PMI Foam manufacturers and poses a serious threat to the PMI Foam industry growth.
The market also faces significant difficulties related to data security and privacy impact market growth.

Introduction of the PMI Foam Market

PMI Foam, also referred to as the increasing demand from industries such as automotive, aerospace, and construction, where PMI Foam is valued for its lightweight yet durable properties, contributes significantly to its growth. Secondly, advancements in manufacturing processes and materials technology have improved the quality and cost-effectiveness of PMI Foam, making it more attractive for various applications. Additionally, the rising focus on energy efficiency and sustainability in product design favors PMI Foam due to its insulation capabilities, further boosting its adoption in green building initiatives and energy-efficient vehicles. These factors collectively propel the growth of PMI Foam in global markets.

China PMI: Mfg: Small Enterprise: Raw Material Inventory data was reported at 46.600 % in Jun 2024. This records an increase from the previous number of 45.300 % for May 2024. China PMI: Mfg: Small Enterprise: Raw Material Inventory data is updated monthly, averaging 46.700 % from Jul 2013 (Median) to Jun 2024, with 115 observations. The data reached an all-time high of 52.500 % in Jul 2014 and a record low of 34.100 % in Feb 2020. China PMI: Mfg: Small Enterprise: Raw Material Inventory data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Manufacturing.

Business Confidence in Canada increased to 53.30 points in June from 48.90 points in May of 2025. This dataset provides the latest reported value for - Canada Business Confidence - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

China PMI: Retail Trade: Input Price data was reported at 60.900 % in Dec 2009. This records an increase from the previous number of 59.100 % for Nov 2009. China PMI: Retail Trade: Input Price data is updated monthly, averaging 57.390 % from Jan 2008 (Median) to Dec 2009, with 24 observations. The data reached an all-time high of 67.990 % in Jan 2008 and a record low of 49.570 % in Feb 2009. China PMI: Retail Trade: Input Price data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Business and Economic Survey – Table CN.OP: Purchasing Managers' Index: Non Manufacturing: Retail Trade.

The global PMI Foam Carbon Composite Board Market size was estimated at USD XXX million in 2025 and is anticipated to reach USD XXX million by 2033, with a CAGR of XX% during the forecast period. The growth of the market can be attributed to the increasing demand for lightweight and high-performance materials in various end-use industries, such as aerospace, wind power generation, and rail transportation. The rising concerns about carbon emissions and the need for sustainable solutions are further contributing to the adoption of PMI foam carbon composite boards. Key market trends include the growing demand for flat panels, the adoption of sandwich panels in construction and automotive applications, and the increasing use of PMI foam carbon composite boards in medical and healthcare applications. The market is expected to witness significant growth in the Asia Pacific region, driven by the increasing demand for these materials in the automotive, aerospace, and construction industries. Major players in the market include CEL COMPONENTS, Rock West Composites, Evonik Industries, Shanghai Legion, and Zihard Technology.