US Manufacturing Breaks Through in March

Italy and the UK Also Move Into Growth Territory

The ISM U.S. Manufacturing PMI® jumped to 50.3 percent in March, up 2.5 percentage points from the 47.8 percent figure recorded in February. The reading put U.S. manufacturing into growth territory for the first time since October of 2022.

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US Manufacturing Pushes Toward Growth 

Global Manufacturers Also See Upward Movement in January

The Manufacturing PMI® for January was reported at 49.1 percent in the latest Manufacturing ISM® Report On Business® released by the nation’s supply executives. The figure represented a two-percentage-point increase from December’s figure of 47.1 percent but remained in contraction territory.

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US Manufacturing Report Shows Improvement for December

German Manufacturers See a Fourth Straight Month of Improvement

ISM reported a U.S. Manufacturing PMI of 47.4 percent for December to push up slightly from the November reading of 46.7 percent. Despite the improvement, the report from ISM says the figure indicates a 14th consecutive month of contraction for U.S. manufacturers. 

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US Manufacturing Remains Flat For November

German and UK Manufacturing Register Strong Improvement in November

ISM® reported a U.S. Manufacturing PMI® of 46.7 percent in November matching the same figure in October. The stagnant readings for both months halted a three-month uptrend from July through September that seemed to show U.S. manufacturing on track to move above the 50 percent mark before year-end. According to the report issued by Timothy R. Fiore, Chair of the ISM® Manufacturing Business Survey Committee, demand remains soft and production execution is slightly down compared to October as U.S. companies continue to manage outputs, material inputs and labor costs. 

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US Manufacturing Shows Positive Signs Heading Into Fourth Quarter

European manufacturing remains weak but India and China continue growth

The ISM® US Manufacturing PMI® registered 49 percent in September, 1.4 percentage points higher than the 47.6 percent recorded in August. According to the report issued by Timothy R. Fiore, Chair of the ISM® Manufacturing Business Survey Committee, the overall economy expanded weakly after nine months of contraction following a 30-month period of expansion.

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Seventh Straight Month In Contraction Territory for US Manufacturing

Global manufacturing also remains weak with the exception of strong performance for India

The ISM® US Manufacturing PMI® was reported at 46.9 percent for May, down slightly from the 47.1 percent reading in April. The figure represented a seventh consecutive month in contraction territory for US manufacturers and continued and overall downward trend that dates back to November of 2021.

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US Manufacturing PMI Breaks Downward Streak

Outside the US, China and Italy Both Registered Solid PMI Increases for February

The February ISM® Report On Business® issued a PMI reading of 47.7 percent for US manufacturers to end a five-month downward streak. The number was up three-tenths over the January figure of 47.4 percent.

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US Manufacturing PMI Slide Continues Into January

India and Italy both register above 50 percent for PMI readings to start the year

While many countries seemed to find a bottom for manufacturing activity, the U.S. continued to slide deeper into contraction territory based on the latest PMI reading from the ISM® Report On Business® for manufacturing. The report tagged U.S. manufacturing with a reading of 47.4 percent for January, which represents a relatively steady decline that began in December of 2021. 

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