Tue, 03 Jun 2025 07:35:03 GMT
ISM Manufacturing PMI® at 48.5%
U.S. manufacturing activity continued to contract in May, marking the third straight month of decline after a brief two-month expansion. The Manufacturing PMI® came in at 48.5%, slightly lower than April's 48.7%, signaling that the sector remains below the growth threshold of 50%. Despite this, the broader economy continued expanding for the 61st consecutive month.
Demand indicators remained weak. The New