The Institute for Supply Management (ISM) Manufacturing Index fell 0.5 points month over month to 48.2 in November, coming in below the forecast of 50. A reading below 50 indicates contraction in U.S. manufacturing activity. The New Orders subindex registered 47.4, also signaling a modest slowdown in demand.

ISM Manufacturing Index: The Institute for Supply Management (ISM) Manufacturing Index fell 0.8 points month over month to 48.7 in October, coming in below the forecast of 50.

ISM Manufacturing Index: The Institute for Supply Management’s manufacturing index moved up 0.7% (m/m) to 49.1 for September 2025; this value is weaker than the forecast of 50. The new orders sub-index scored at 48.9. Overall, the ISM manufacturing index is strong, while the global economy is beginning to strengthen again following shutdowns throughout Covid-19.

Advance Durable Goods Orders: The U.S. Census Bureau reported that New Orders for Manufactured Durable Goods rose 2.9% in August to $312.1 billion, bouncing back after two months of decline. Transportation equipment led the gains, climbing 7.9% to $110.2 billion. Excluding transportation and defense, orders also saw modest increases of 0.4% and 1.9%, respectively.

ISM Manufacturing Index: The Institute for Supply Management’s manufacturing index moved up 0.7% (m/m) to 48.7 for August 2025; this value is weaker than the forecast of 50. The new orders sub-index scored at 51.4. Overall, the ISM manufacturing index is strong, while the global economy is beginning to strengthen again following shutdowns throughout Covid-19.

ISM Manufacturing Index: The Institute for Supply Management’s manufacturing index moved up 0.7% (m/m) to 48.7 for August 2025; this value is weaker than the forecast of 50. The new orders sub-index scored at 51.4. Overall, the ISM manufacturing index is strong, while the global economy is beginning to strengthen again following shutdowns throughout Covid-19.