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Richmond Manufacturing Activity Turns Negative in September as Optimism Wanes
September 28, 2026Manufacturing activity in the Fifth District turned negative in September after slowing in August, with the composite manufacturing index declining from 4 to -2. At the same time, local business conditions also contracted, falling from 4 to -6 in September. In line with a slowing in business conditions, manufacturers are less optimistic about the future…
S&P U.S. Manufacturing PMI reaches 52-month high in September
September 28, 2026The S&P Global Flash U.S. Manufacturing PMI rose from 53.9 to 57.0 in September, a 52-month high. Factory production accelerated at its quickest pace since April 2022, while new order growth hit a more than four-year high. Meanwhile, manufacturing employment rose at its fastest rate since February 2021. Inventories increased in September, while supplier delivery…
