ISM Manufacturing PMI

The Institute for Supply Management (ISM) reported on October 1, 2026, that its Manufacturing PMI registered 54.5% in September, edging down 0.1 percentage point from August's reading of 54.6%. The manufacturing sector expanded for the ninth consecutive month, according to the report issued by Susan Spence, Chair of the ISM Manufacturing Business Survey Committee.

Among the sub-indexes, the New Orders Index rose 1.6 percentage points to 55.3%, marking nine straight months of expansion, while the Production Index declined 1.6 percentage points to 56.7% from August's 58.3%. The Employment Index remained in expansion territory, gaining 1.5 percentage points over the prior month.

The Prices Paid Index surged 6.8 percentage points to 77.9%, up sharply from 71.1% in August, signaling broad upward pressure on input costs. Of the 18 manufacturing industries surveyed, 12 reported growth in September, while two industries — Printing & Related Support Activities and Textile Mills — reported contraction.

The Institute for Supply Management (ISM) reported on September 1, 2026, that its Manufacturing PMI came in at 54.6 percent for August, down 1.0 percentage point from the July reading of 55.6 percent. Despite the decline, the manufacturing sector expanded for the eighth consecutive month, according to the report issued by ISM Manufacturing Business Survey Committee Chair Susan Spence.

All five subindexes that directly factor into the Manufacturing PMI — New Orders, Production, Employment, Supplier Deliveries, and Inventories — remained in expansion territory. The New Orders Index fell 3.0 percentage points to 53.7, while Spence noted that demand sentiment softened, with the ratio of positive to negative respondent comments dropping to approximately 2-to-1, compared with 3.5-to-1 in July.

Production held nearly steady at 58.3 (versus 58.5 in July), while Supplier Deliveries edged up to 59.3 from 58.9. The Employment Index eased to 51.2 from 52.8, and the Prices Index remained unchanged at an elevated 71.1. Among the six largest manufacturing industries, five — including Transportation Equipment, Computer and Electronic Products, and Machinery — reported expansion, while Wood Products and Chemical Products contracted.

The Institute for Supply Management (ISM) reported on August 3, 2026, that its Manufacturing PMI rose to 55.6 points in July, up 2.3 points from June's reading of 53.3 points. This marks the highest level since May 2022 and the seventh consecutive month of expansion in manufacturing activity.

According to the report issued by ISM Manufacturing Business Survey Committee Chair Susan Spence, all five headline components of the PMI registered in expansion territory. The Production Index surged to 58.5 from 52.2 in June, its highest reading since November 2021, while the Employment Index returned to expansion at 52.8, its first such reading in 33 months. The New Orders Index continued its seventh consecutive month of expansion at 56.7.

On the demand side, the Backlog of Orders Index rose to 55.0 and New Export Orders also returned to expansion. The Prices Paid Index declined for a third straight month to 71.1, down from June's 73.0, though it remained elevated. The report noted that among negative respondent comments, 57% cited pricing volatility and 43% referenced the conflict involving Iran.

The Institute for Supply Management (ISM) reported on July 1 that its Manufacturing PMI came in at 53.3 for June 2026, down 0.7 percentage point from 54.0 in May. The index remained above the 50 threshold separating expansion from contraction, and ISM said the overall economy continued expanding for a 20th consecutive month.

Among subindexes, New Orders registered 56.0, down from 56.8 but marking a sixth straight month of expansion. The Employment Index rose to 49.7 from 48.6, though it stayed in contraction territory.

The Prices Index fell sharply to 73.0 from 82.1, signaling some easing of cost pressures while remaining elevated. ISM noted that panelists' comments on demand were predominantly positive in June.