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US Manufacturing PMI at 50.9%; January 2025 Manufacturing ISM Report On Business
Economic activity in the manufacturing sector expanded in January after 26 consecutive months of contraction, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®. "The Manufacturing PMI® registered 50.9 percent in January, 1.7 percentage points higher compared to the seasonally adjusted 49.2 percent recorded in December. The overall economy continued in expansion for the 57th month after one month of contraction in April 2020. (A Manufacturing PMI® above 42.3 percent, over a period of time, generally indicates an expansion of the overall economy.) The New Orders Index was in ... (full story)
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US ISM Manufacturing Jan: 50.9 (est 49.9; prev R 49.2)
— LiveSquawk (@LiveSquawk) February 3, 2025
- New Orders: 55.1 (prev R 52.1)
- Employment: 50.3 (prev R 45.4)
- Prices Paid: 54.9 (est 54.8; prev 52.5)
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ISM: US manufacturing PMI improves in January
The US manufacturing sector returned to growth in January, ending 26 consecutive months of contraction, according to the Institute for Supply Management (ISM). The Manufacturing PMI rose to 50.9%, up from December’s 49.2%, signaling expansion. New orders and production also saw strong gains, with the New Orders Index reaching 55.1%. Challenges remain as businesses navigate potential tariffs and supply chain disruptions despite the rebound. Companies are closely monitoring policy changes that could impact costs and production strategies. ISM Chair Timothy Fiore noted that demand improved significantly while output ... (full story)