US Final Manufacturing PMI

The US manufacturing sector moved deeper into contraction territory at the end of the third quarter of the year. Output and new orders both fell at sharper rates in September amid demand weakness and political uncertainty. Meanwhile, employment decreased at the strongest pace since the start of 2010 if the COVID-19 pandemic period is excluded. More positively, business confidence ticked higher amid optimism that new business will pick up following the Presidential Election. Meanwhile, the rate of input cost inflation softened but ...

US manufacturing production decreased for the first time in seven months during August as sales continued to fall amid increasing reports of demand weakness. A renewed reduction in employment was also recorded amid spare capacity in the sector. Demand for inputs was scaled back in response to lower new orders, leading to a first shortening of supplier lead times for three months. The pace of input cost inflation quickened to a 16-month high, however, with output prices also rising at a faster pace. The seasonally adjusted S&P Global ...

The start of the third quarter saw a deterioration in business conditions at US manufacturers as new orders declined for the first time in three months. Work on outstanding business and a near-record replenishment of stocks of finished goods helped to keep output rising, although the pace of expansion was only marginal. Employment also rose at a slower pace. Output prices increased only marginally and at the slowest pace for a year, despite a further marked increase in input costs. The seasonally adjusted S&P Global US Manufacturing ...

The US manufacturing sector remained in growth territory at the end of the second quarter of the year. Although client demand remained muted and business confidence hit a 19-month low, new orders rose for a second month running. In turn, production continued to rise, albeit at a weaker rate. The most positive aspect of the latest survey was the fastest increase in employment since September 2022. Although input costs continued to rise sharply, the rate of inflation eased in June, while selling prices increased at the slowest pace in ...

New orders returned to growth in the US manufacturing sector in May, supporting a faster expansion in production midway through the second quarter of the year. Meanwhile, business confidence picked up and positive expectations regarding the future for the sector contributed to the hiring of additional staff, a renewed rise in purchasing activity and a build-up of stocks of finished goods. Meanwhile, the rate of input cost inflation quickened to the fastest in just over a year, with firms raising their selling prices in response. The ...

The US manufacturing sector suffered a setback in April as new orders decreased for the first time in 2024 so far. Work on outstanding business helped to keep production in growth territory, however, while firms continued to take on extra staff, in part due to positive expectations for the coming months. Manufacturers scaled back their purchasing activity in response to lower new orders, with pre-production inventories also down. Meanwhile, output prices increased at a slower pace but the rate of input cost inflation quickened to ...