ISM Manufacturing Index dips to 58.1, high concerns regarding tariffs

The July PMI® registered 58.1 percent, a decrease of 2.1 percentage points from the June reading of 60.2 percent.

Production and employment continues to expand in spite of labor and material shortages. Inputs — expressed as supplier deliveries, inventories and imports — had expansion increases, due primarily to negative supply chain issues, but at easing levels compared to the prior month. Price pressure remains strong, but the index softened for the second straight month.

Demand remains robust, but the nation’s employment resources and supply chains continue to struggle. Respondents are again overwhelmingly concerned about how tariff-related activity, including reciprocal tariffs, will continue to affect their business.

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June manufacturing sector index up 1.5 points to 60.2, tariffs concerns cited for future

The June PMI® registered 60.2 percent, an increase of 1.5 percentage points from the May reading of 58.7 percent. Demand remains robust, but the nation's employment resources and supply chains continue to struggle. Respondents are overwhelmingly concerned about how tariff related activity is and will continue to affect their business.

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May Manufacturing Index rose 1.4 points to 58.7, but pricing pressure now increasing

The May PMI® registered 58.7 percent, an increase of 1.4 percentage points from the April reading of 57.3 percent. Demand remains robust, but the nation's employment resources and supply chains continue to struggle. Respondents say price pressure at their companies is causing price-increase discussions.

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April manufacturing index fell 2.0 points to 57.3 due to high input prices, tariffs and tight labor market

The April PMI® registered 57.3 percent, a decrease of 2 percentage points from the March reading of 59.3 percent. Lead time extensions, steel and aluminum disruptions, supplier labor issues, and transportation difficulties continue. Demand remains robust, but the nation's employment resources and supply chains continue to struggle.

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February manufacturing index rose 1.7 points to 60.8 as expansion continues

The February PMI® registered 60.8 percent, an increase of 1.7 percentage points from the January reading of 59.1 percent. Comments from the panel reflect expanding business conditions, with new orders and production maintaining high levels of expansion.

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January ISM manufacturing index dips 0.2 percent, but price increases widespread

The January PMI® registered 59.1 percent, a decrease of 0.2 percentage point from the seasonally adjusted December reading of 59.3 percent. Comments from the panel reflect expanding business conditions, with new orders and production maintaining high levels of expansion; employment expanding at a slower rate; order backlogs expanding at a faster rate; and export orders and imports continuing to grow faster in January. Price increases occurred across all industry sectors. The Customers’ Inventories Index indicates levels are still too low.

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ISM Manufacturing Index rose 1.5 percentage points to 59.7 in December

The December PMI® registered 59.7 percent, an increase of 1.5 percentage points from the November reading of 58.2 percent. Comments from the panel reflect expanding business conditions, with new orders and production leading gains; employment expanding at a slower rate; order backlogs expanding at a faster rate; and export orders and imports continuing to grow in December.

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ISM November manufacturing index dips 0.5 points to 58.2

The November PMI® registered 58.2 percent, a decrease of 0.5 percentage point from the October reading of 58.7 percent. Comments from the panel reflect expanding business conditions, with New Orders and Production leading gains, employment expanding at a slower rate, order backlogs stable and expanding, and export orders all continuing to grow in November.

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October manufacturing sector index dips 2.1 points from September to 58.7

The October PMI® registered 58.7 percent, a decrease of 2.1 percentage points from the September reading of 60.8 percent. Comments from the panel reflect expanding business conditions, with new orders, production, employment, order backlogs and export orders all continuing to grow in October, supplier deliveries continuing to slow (improving) and inventories contracting during the period.

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September ISM Manufacturing Sector Index rose 2.0 points from August

The September PMI® registered 60.8 percent, an increase of 2 percentage points from the August reading of 58.8 percent. Comments from the panel reflect expanding business conditions, with new orders, production, employment, order backlogs and export orders all growing in September.

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