06/04/2026
Manufacturing momentum continues to build.
The latest ISM Manufacturing PMI climbed to 54% in May, reaching its highest level in four years and marking the fifth straight month of expansion for the sector.
What’s driving the increase:
✅ New orders continued to climb
✅ Production activity accelerated
✅ Order backlogs expanded again
✅ The overall economy extended its growth streak to 19 months
While employment remains just below expansion territory, the broader manufacturing outlook continues to point toward steady industrial demand and ongoing activity across the market.
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