Category: ISM Manufacturing Index

US Manufacturing Activity Declines for First Time Since Pandemic

Manufacturing activity in the United States, as measured by the Institute for Supply Management (ISM), declined in November for the first time in two and a half years. ISM’s November Manufacturing PMI came in at 49 percent, which is 1.2 percentage points lower than the 50.2 percent registered in October, according to a recent ISM…


US Manufacturing in July Declined Slowly, as Businesses Deal with Excessive Inventory

U.S. manufacturing activity in July slowed for the second month, albeit less than had been expected, amid news that supply constraints were easing, according to a report by the Institute for Supply Management (ISM) released on Aug. 1. The post–pandemic glut in inventories and a growing trade deficit caused by global supply chains are key…