News & Insights
Aircraft Orders Pull Factory Demand Lower, While Shipments Continue to Advance
New orders for manufactured goods decreased 1.3% in May after increasing 5.3% in April. Meanwhile, new orders for manufactured goods rose 5.1% over the year. When excluding transportation, new orders stepped up 1.9% over the month and 5.5% year-over-year in May. Orders for durable goods fell 4.5%, following an 8.5% jump in April. Year to …
Global Manufacturing Growth Weakens with Hiring and Optimism Losing Ground
In June, growth in global manufacturing weakened from May, decreasing from 52.7 to 52.2. Output and new orders both improved but at slower paces than the prior month. Meanwhile, lead times lengthened and remain near four-year highs. Employment declined while inventory levels continued to grow as firms prepare for anticipated supply chain disruptions and further …
Texas Factory Activity Slows, but Uncertainty Eases
In June, Texas factory activity expanded at a slower pace after weakening the prior month. The production index decreased from 9.4 to 4.1, remaining below the series average of 9.6. The new orders index stepped down 4.1 points to 2.3, while the capacity utilization index rose 2.1 points to 7.3, slightly below the series average …
Manufacturing Growth Moderates as Optimism Weakens
The S&P Global U.S. Manufacturing PMI was 53.9 in June, down from 55.1 in May, signaling weaker growth. Production rose in June, while supported by domestic demand, new orders continued to grow but at their softest pace since March. At the same time, employment fell, while optimism declined to its lowest level since October 2025. …
Labor Demand Strengthens and Hiring Holds Steady
Job openings for manufacturing rose by 33,000 to 529,000 in May. At the same time, the April job openings level of 496,000 was revised upward from 474,000 in the previous report. Nondurable goods openings in May increased 13,000 to 175,000, while durable goods job openings moved up 20,000 to 354,000. The manufacturing job openings rate …
Payroll Growth Slows, While Manufacturing Adds Jobs
Nonfarm payroll employment increased by 57,000 in June, coming in below expectations. Meanwhile, April’s job gain was revised downward by 31,000 to a gain of 148,000, while May’s job gain was revised downward by 43,000 to 129,000 jobs. The 12-month average stands at 42,200 jobs gains per month. Health care and social assistance exhibited the …
ICYMI: NAM CEO Jay Timmons Talks USMCA, Energy and Jobs on Bloomberg’s Balance of Power
Washington, D.C.–This week, the National Association of Manufacturers President and CEO Jay Timmons joined Bloomberg’s Balance of Power to discuss the latest state of play on the United States–Mexico–Canada Agreement and what it means for manufacturers, the impact of the conflict in the Middle East on energy costs and the importance of American energy dominance …
NAM: Federal Court Ruling Is a Win for Manufacturers
Washington, D.C.–Following the U.S. District Court for the Eastern District of Pennsylvania’s decision denying plaintiff’s request to amend their complaint in Martinez v. Kraft Heinz Company, Inc., et al.—a ruling in favor of food and beverage manufacturers—National Association Manufacturers Chief Legal Officer & Corporate Secretary Linda Kelly released the following statement: “The Eastern District of …
NAM Joins Industry Leaders in Challenging Unconstitutional New Mexico Labeling Mandate
Washington, D.C.– Last night, the NAM joined industry leaders in filing a lawsuit to block New Mexico’s unconstitutional labeling mandate for products made with per- and polyfluoroalkyl substances, otherwise known as PFAS. “New Mexico’s PFAS product-labeling mandate compels manufacturers to spread the state’s unsupported message that any amount of any PFAS is dangerous, while unlawfully …
At 250 Years, America Is Building the Future of Nuclear Energy
Washington, D.C.– Following the Department of Energy’s announcement that three advanced nuclear reactors have reached criticality, a key milestone in getting a nuclear reactor online and moving it closer to producing power, NAM President and CEO Jay Timmons released the following statement: “In May 2025, President Trump set an ambitious goal: three nuclear reactors reaching …
