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.

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 ****.

This dataset provides values for MANUFACTURING PMI reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

In April 2025, the value of the Manufacturing Purchasing Leaders' Index (PLI) in the United States stood at ****. An indicator of the economic health of the manufacturing sector, the Purchasing Leaders' Index is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment. An index value above ** percent indicates a positive development in the manufacturing sector, whereas a value below ** percent indicates a negative situation.

China PMI: Textile Industry: Employment data was reported at 49.900 % in Dec 2009. This records a decrease from the previous number of 50.000 % for Nov 2009. China PMI: Textile Industry: Employment data is updated monthly, averaging 50.000 % from Jul 2005 (Median) to Dec 2009, with 54 observations. The data reached an all-time high of 56.000 % in Apr 2008 and a record low of 40.500 % in Jan 2009. China PMI: Textile Industry: Employment 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: Textile Industry.

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.

Explore LSEG S&P Global Purchasing Managers Index (PMI) for monthly surveys that provide up-to-date, accurate, and unique indicators of economic trends.

China PMI: Textile Industry: Raw Material Inventory data was reported at 46.400 % in Dec 2009. This records an increase from the previous number of 43.200 % for Nov 2009. China PMI: Textile Industry: Raw Material Inventory data is updated monthly, averaging 45.200 % from Jul 2005 (Median) to Dec 2009, with 54 observations. The data reached an all-time high of 55.900 % in Mar 2007 and a record low of 32.100 % in Nov 2008. China PMI: Textile Industry: 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: Textile Industry.

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.

China PMI: Textile Industry: Finished Goods Inventory data was reported at 40.400 % in Dec 2009. This records an increase from the previous number of 36.900 % for Nov 2009. China PMI: Textile Industry: Finished Goods Inventory data is updated monthly, averaging 48.800 % from Jul 2005 (Median) to Dec 2009, with 54 observations. The data reached an all-time high of 58.500 % in Jul 2005 and a record low of 36.900 % in Nov 2009. China PMI: Textile Industry: Finished Goods 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: Textile Industry.

The statistic shows the purchasing managers' index (PMI) in Vietnam from January 2017 to July 2018. As of July 2018, the PMI was at 54.9, indicating a decline of 0.8 index points compared to June 2018. The average PMI for 2017 was at 52.6.

As of June 2024, the purchasing leader index of the manufacturing sector in Thailand stood at **** points. This was a sign that the manufacturing sector had improved from the previous month.

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.

China PMI: Textile Industry: Purchases data was reported at 46.900 % in Dec 2009. This records a decrease from the previous number of 58.000 % for Nov 2009. China PMI: Textile Industry: Purchases data is updated monthly, averaging 52.000 % from Jul 2005 (Median) to Dec 2009, with 54 observations. The data reached an all-time high of 62.900 % in Oct 2005 and a record low of 21.800 % in Jan 2009. China PMI: Textile Industry: Purchases 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: Textile Industry.

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

Get key insights from Market Research Intellect's PMI Foam Sales Market Report, valued at USD 1.2 billion in 2024, and forecast to grow to USD 1.8 billion by 2033, with a CAGR of 5.0% (2026-2033).

PMI Foam Market Outlook

The PMI Foam market size was valued at approximately USD 50 million in 2023 and is projected to grow to USD 92 million by 2032, driven by a compound annual growth rate (CAGR) of 7.1% from 2024 to 2032. This robust growth is primarily attributed to the increasing demand for lightweight and high-performance materials in various industries such as aerospace and defense, wind energy, and transportation. As industries continue to push the boundaries of efficiency and sustainability, PMI foam, with its excellent mechanical properties and thermal insulation, is gaining traction as a preferred material choice.

One of the significant growth factors for the PMI Foam market is its exceptional properties which make it ideal for use in high-stress environments. PMI foam exhibits outstanding mechanical properties including high strength-to-weight ratio, thermal stability, and excellent energy absorption, making it a material of choice in industries like aerospace and defense where weight reduction without compromising strength is critical. As the aerospace industry continues to expand, particularly with increasing air traffic and demand for fuel-efficient aircraft, the requirement for lightweight materials like PMI foam is projected to rise significantly, contributing to market growth.

Another pivotal growth driver is the renewable energy sector, particularly wind energy, where PMI foam is used extensively. The push for clean and sustainable energy solutions has led to a growing number of wind farms being established globally. PMI foam is used in the construction of wind turbine blades due to its lightweight nature and strength, which are essential for improving the efficiency and performance of wind turbines. As countries worldwide continue to invest in renewable energy infrastructure to meet their carbon emission reduction targets, the demand for PMI foam in wind energy applications is expected to see substantial growth.

In addition, the transportation sector also contributes to the increasing demand for PMI foam. The automotive industry, for instance, is under constant pressure to enhance fuel efficiency while ensuring passenger safety. By utilizing lightweight materials like PMI foam in vehicle design, manufacturers can significantly reduce vehicle weight, which directly contributes to better fuel efficiency and performance. This trend is further supported by stringent emission regulations and the growing adoption of electric vehicles, which necessitate high-performance materials that can meet the challenging design and safety requirements.

Regionally, Asia Pacific is expected to witness the highest growth in the PMI Foam market due to rapid industrialization and urbanization, especially in countries like China and India. The growing aerospace and defense sectors in these regions, alongside increasing investments in renewable energy infrastructure, are driving the demand for PMI foam. North America and Europe are also significant markets, with well-established aerospace and automotive industries driving demand. Meanwhile, the Middle East & Africa and Latin America are anticipated to show moderate growth, with opportunities arising from infrastructure development and investments in renewable energy projects.

Application Analysis

The Aerospace & Defense sector is one of the largest applications of PMI foam, driven by the need for lightweight yet mechanically robust materials. With airlines aiming to improve fuel efficiency and reduce emissions, the demand for innovative materials that can meet these requirements is on the rise. PMI foam's lightweight nature, combined with its strength and thermal stability, makes it an ideal candidate for various aerospace applications, including fuselage and interior panels. As defense budgets increase globally, the sector is expected to drive significant demand for advanced materials like PMI foam.

In the Wind Energy sector, PMI foam is utilized in the construction of turbine blades, a critical component requiring materials that offer high strength and stiffness. The foam's ability to withstand harsh environments and its lightweight properties contribute to the overall efficiency and performance of wind turbines. With global efforts focusing on renewable energy to combat climate change, the wind energy sector is expanding rapidly, creating ample opportunities for PMI foam manufacturers to capitalize on this growth trend.

The Sporting Goods industry is another noteworthy segment where PMI foam finds application. Here, the foam is used in the manufacturing of

Positive Material Identification (PMI) Service Market Outlook

The global Positive Material Identification (PMI) service market size was valued at $2.5 billion in 2023 and is projected to reach $4.8 billion by 2032, growing at a Compound Annual Growth Rate (CAGR) of 7.5% during the forecast period. The market growth is primarily driven by the increasing need for stringent quality control and safety protocols across various industries. As businesses strive to ensure compliance with regulatory standards and mitigate risks, the demand for PMI services is anticipated to witness significant growth.

One of the primary growth factors for the PMI service market is the escalating emphasis on safety and regulatory compliance across industries such as oil & gas, aerospace & defense, and automotive. Government regulations mandate the use of PMI techniques to verify material composition, ensuring that critical components meet safety standards. For instance, in the oil & gas industry, PMI is crucial for preventing material mix-ups that could lead to catastrophic failures. This regulatory pressure is expected to sustain the demand for PMI services over the forecast period.

Technological advancements in PMI techniques, particularly in X-Ray Fluorescence (XRF) and Optical Emission Spectroscopy (OES), are further propelling market growth. Innovations in portable and handheld PMI devices have made it easier for on-site inspections, thus reducing downtime and operational costs for industries. These advancements offer higher accuracy, faster results, and greater ease of use, which are key factors driving the adoption of PMI services. Companies are increasingly investing in such advanced equipment to enhance their material verification processes.

Moreover, the rising trend of outsourcing PMI services due to the lack of in-house expertise and the high cost of equipment is another significant growth factor. Industries prefer to rely on specialized service providers who have the necessary expertise and state-of-the-art equipment to carry out accurate and reliable material identification. This trend is particularly noticeable in small and medium enterprises (SMEs) that may find it economically unfeasible to invest in PMI equipment and training.

Regionally, North America and Europe are expected to lead the market due to the presence of stringent regulatory frameworks and a robust industrial base. However, the Asia Pacific region is anticipated to witness the highest growth rate owing to rapid industrialization and the increasing adoption of advanced material verification techniques. Countries like China, India, and Japan are investing heavily in infrastructure development and manufacturing, which in turn drives the demand for PMI services. The growing awareness about the benefits of PMI in ensuring safety and compliance is also contributing to market growth in this region.

Technique Analysis

When analyzing the PMI service market by technique, X-Ray Fluorescence (XRF) and Optical Emission Spectroscopy (OES) are the two primary methodologies. XRF is the more widely adopted technique due to its non-destructive nature and capability to deliver rapid, precise results. XRF is particularly favored in industries where any form of material damage or alteration is unacceptable, such as in aerospace and defense. The portability of modern XRF devices further enhances their appeal, enabling on-the-go material verification without interrupting production workflows.

Optical Emission Spectroscopy (OES), on the other hand, is highly valued for its ability to detect a broader range of elements and provide detailed compositional analysis. OES is typically used in applications requiring high precision and where the detection of trace elements is crucial. The automotive and manufacturing sectors particularly benefit from the high accuracy and reliability of OES, making it a preferred choice for quality control in these industries. Despite being a more complex and often more expensive technique compared to XRF, the comprehensive data provided by OES is indispensable for certain critical applications.

Both techniques are seeing advancements that aim to improve their accuracy, ease of use, and speed. For example, the integration of digital technologies and AI algorithms in XRF and OES devices is enhancing their analytical capabilities. These advancements allow for faster data processing and real-time results, which are crucial for dynamic industrial environments. As these technologies evolve, the adoption of both XRF and OES is expected to increase across variou

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

This dataset provides values for CONSTRUCTION PMI reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.