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Market Update
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October 2025
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.
September 2025
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.
August 2025
ISM Manufacturing Index: The Institute for Supply Management’s manufacturing index moved down 1.0% (m/m) to 48.0 for July 2025; this value is weaker than the forecast of 50. The new orders sub-index scored at 47.1.
ISM Manufacturing Index: The Institute for Supply Management’s manufacturing index moved up 1.0% (m/m) to 49.0 for June 2025; this value is weaker than the forecast of 50. The new orders sub-index scored at 46.4. Overall, the ISM manufacturing index is strong, while the global economy is beginning to strengthen again following shutdowns throughout Covid-19.