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# ITR US ISM PMI
- URL: https://steel-veritas.ghost.io/itr-us-ism-pmi/
- Published: 2026-09-03T14:32:17.000Z
- Updated: 2026-09-03T14:32:17.000Z
- Author: David Adams

Published September 03, 2026

### September 2026 Report

#### US ISM PMI (Purchasing Managers Index)

PMI 1/12 TICKED DOWN IN AUGUST; GENERAL TREND SUPPORTS INDUSTRIAL SECTOR EXPANSION THROUGH AT LEAST MID-2027

The US ISM PMI (Purchasing Managers Index) 1/12 ticked down in August. The overall trend in the 1/12 supports our expectations for mild US industrial sector growth through 2026, although PMI results in recent months suggest potential upside risk to our expectations for 2027.

![](https://storage.ghost.io/c/39/50/39506992-09de-45b1-9a80-a27a63f14a8d/content/images/2026/09/image-2.png)