Updated: 03-Aug-26 10:31 ET
Highlights
- The ISM Manufacturing Index increased to 55.6% in July (Briefing.com consensus 54.0%) from 53.3% in June.
- The dividing line between expansion and contraction is 50.0%, so the July figure suggests manufacturing activity expanded in July from the prior month.
- The New Orders Index increased to 56.7% from 56.0%.
- The Production Index jumped to 58.5% from 52.2%.
- The Prices Index slipped to 71.1% from 73.0%.
- The Employment Index rose to 52.8% from 49.7%, hitting its highest level since August 2022.
- The Backlog of Orders Index increased to 55.0% from 50.5%.
- The Supplier Deliveries Index improved to 58.9% from 57.4%.
- The New Export Orders Index stands at 53.0% versus 48.5% in June.
- The key takeaway from the report is that manufacturing activity picked up steam in July, with the PMI logging its highest reading since May 2022.
| Category | JUL | JUN | MAY | APR | MAR |
| Total Index | 55.6 | 53.3 | 54.0 | 52.7 | 52.7 |
| Orders | 56.7 | 56.0 | 56.8 | 54.1 | 53.5 |
| Production | 58.5 | 52.2 | 54.3 | 53.4 | 55.1 |
| Employment | 52.8 | 49.7 | 48.6 | 46.4 | 48.7 |
| Deliveries | 58.9 | 57.4 | 60.6 | 60.6 | 58.9 |
| Inventories | 51.2 | 51.4 | 49.9 | 49.0 | 40.1 |
| Export Orders | 53.0 | 48.5 | 50.6 | 47.9 | 49.9 |
| Prices paid (not seas adj) | 71.1 | 73.0 | 82.1 | 84.6 | 78.3 |
