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New orders for manufactured goods declined 1.3% in July, following a 4.8% drop in June. On the other hand, new orders for manufactured goods grew 3.5% over the year. When excluding transportation, new orders inched up 0.6% over the month and 0.7% year-over-year in July. Orders for durable goods decreased 2.8%, following a 9.4% dive…

The S&P Global U.S. Manufacturing PMI was 53.0 in August, up considerably from the July reading of 49.8 and the highest reading since May 2022. New orders increased for the eighth consecutive month primarily as a result of domestic sales, with international sales declining slightly. Tariffs led to steep rises in both input and output…

In August, global manufacturing activity grew at the fastest pace since June 2024, rising from 49.7 to 50.9. Output and new orders also returned to growth in August after contracting in July. New export orders continued to decline but at a slower pace than the prior month. August’s recovery is challenging the prediction of a…

Job openings for manufacturing increased by 41,000 to 437,000 in July. On the other hand, the June job openings level of 396,000 was revised downward from 415,000 in the previous report. Nondurable goods job openings in July rose by 23,000 to 176,000, while durable goods job openings advanced by 18,000 to 261,000. The manufacturing job…

In August, the U.S. manufacturing sector contracted for the sixth consecutive month but at a slower pace than the prior month, with the ISM Manufacturing® PMI increasing to 48.7% from 48.0% in July. Two of the demand indicators improved in August, with the New Orders and New Export Orders Indexes rising to 51.4% and 47.6%…

Nonfarm payroll employment inched up by 22,000 in August, coming in below expectations. Furthermore, June’s job gain was revised downward by 27,000 to a loss of 13,000 jobs, while July’s job gain was revised upward by 6,000 to a gain of 79,000 jobs. The 12-month average stands at 122,000 job gains per month. The unemployment…