ISM News Updates

New orders growth accelerated to the fastest pace since early 2023 while a measure of business activity was the strongest since 2022.

The manufacturing sector has gained momentum this year, with factories benefiting from resilient consumer demand, solid business investment and government outlays on defense.

The Institute for Supply Management's manufacturing gauge rose 1.3 points to 54, according to data released June 1. Readings above 50 indicate growth.

Some gauges are at their highest since the 2020-23 period, when economies locked down because of COVID, shortages emerged and shipping snarls persisted. 

The Institute for Supply Management’s gauge of prices paid for manufacturing inputs climbed for a fourth straight month to a four-year high of 84.6.

The Institute for Supply Management’s gauge of prices paid for services and materials jumped to 70.7, the highest since October 2022.

The ISM gauge of prices paid for manufacturing inputs climbed another 7.8 points to 78.3, remaining at the highest since mid-2022.

The Institute for Supply Management’s gauge of prices paid for manufacturing inputs jumped 11.5 points to 70.5, the highest level since overall inflation peaked nearly four years ago.

The Institute for Supply Management’s manufacturing index eased half a point to 48.2, according to data released Dec. 1. The measure has been below 50 for nine straight months.

While a slight improvement from 48 in July, details of the ISM report were mixed and the gauge remained below the level of 50 that separates expansion and contraction.