June ISM Manufacturing Index
Updated: 01-Jul-26 10:49 ET







Highlights

• The ISM Manufacturing Index dipped to 53.3% in June (Briefing.com consensus 53.8%) from 54.0% in May.
• The dividing line between expansion and contraction is 50.0%, so the June figure suggests manufacturing activity expanded in June but at a slightly slower pace than the prior month.

Key Factors

• The New Orders Index decreased to 56.0% from 56.8%.
• The Production Index fell to 52.2% from 54.3%.
• The Prices Index dropped to 73.0% from 82.1%.
• The Employment Index rose to 49.7% from 48.6%.
• The Backlog of Orders Index dipped to 50.5% from 52.2%.
• The Supplier Deliveries Index declined to 57.4% from 60.6%.
• The New Export Orders Index slipped to 48.5% from 50.6%.

Big Picture

• The key takeaway from the report is that there was a general slowdown indicated versus May across most components of the report, yet the slowdown that will matter most is the one seen in the prices index, which is still quite high but nonetheless moving in the preferred direction.

Category	JUN	MAY	APR	MAR	FEB
Total Index	53.3	54.0	52.7	52.7	52.4
Orders	56.0	56.8	54.1	53.5	55.8
Production	52.2	54.3	53.4	55.1	53.5
Employment	49.7	48.6	46.4	48.7	48.8
Deliveries	57.4	60.6	60.6	58.9	55.1
Inventories	51.4	49.9	49.0	40.1	48.8
Export Orders	48.5	50.6	47.9	49.9	50.3
Prices paid (not seas adj)	73.0	82.1	84.6	78.3	70.5