U.S. Manufacturing in April: Growth in Key Industries Fails to Offset Sector Strain

U.S. Manufacturing in April: Growth in Key Industries Fails to Offset Sector Strain

April 2025 brought another month of contraction for U.S. manufacturing, according to the Institute for Supply Management’s latest report released May 1. The Manufacturing PMI fell to 48.7, down from 49.0 in March, confirming a second consecutive month of decline after a brief two-month rebound. Any reading below 50 signals contraction, and this downturn comes […]

US ISM Manufacturing PMI declines to 48.7 in April vs. 48 expected

The business activity in the United States (US) manufacturing sector continued to contract in April, with the ISM Manufacturing Purchasing Managers Index (PMI) edging lower to 48.7 from 49 in March. This reading came in better than the market expectation of 48.