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US: ISM Manufacturing Misses Expectations But Still Solid at 53.3 in June 2026

From pnc.com

The ISM Manufacturing Purchasing Managers Index (PMI) survey continued to reflect health in the U.S. manufacturing sector with a 53.3 topline reading in June 2026. This is the sixth consecutive expansionary reading for the survey’s topline metric and, although missing expectations, is down only moderately from May’s 54.0 result. A slowdown in the Production category’s expansionary trend and a dip in the Exports component in June were reflective of the June topline result’s slight moderation. The ISM Manufacturing PMI diffusion index indicates the net percentage of manufacturers who are experiencing expanding or ... (full story)

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  • Category: Fundamental Analysis