U.S. Manufacturing Growth Accelerates as PMI Reaches 54.0% in May 2026

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The U.S. manufacturing sector expanded for the fifth consecutive month in May 2026, continuing its recovery after a 10-month period of contraction. The Manufacturing PMI® rose to 54.0%, up 1.3 percentage points from April and its highest level since May 2022. Because a manufacturing PMI above 47.5% generally signals growth in gross domestic product (GDP), the May reading indicates that the broader U.S. economy has now expanded for 19 consecutive months.

Growth in the manufacturing sector was driven primarily by stronger demand and higher production levels. The New Orders Index increased to 56.8%, marking its fifth straight month of expansion, while the Production Index climbed to 54.3%. In total, 16 manufacturing industries reported overall growth during the month, and 14 industries experienced growth in both new orders and production. International trade activity also improved, with the New Export Orders Index returning to expansion at 50.6% and the Imports Index accelerating to 53.0%.



Labor market conditions showed modest improvement despite remaining in contraction territory. The Employment Index registered 48.6%, reflecting a slower pace of contraction than in April, with the index improving by 2.2 percentage points. At the industry level, nine of the 18 manufacturing industries reported employment growth.

Supply chain conditions remained tight. The Customers' Inventories Index stood at 42.7%, indicating that customer inventories were considered too low, while the Backlog of Orders Index increased to 52.2%, signaling faster growth in unfilled orders. The Supplier Deliveries Index remained elevated at 60.6%, suggesting that supplier delivery times continued to slow.

Price pressures also persisted across the sector. The Prices Index registered 82.1%, indicating that raw material costs continued to rise, although at a slightly slower pace than April's reading of 84.6%. Manufacturers reported widespread price increases across metals, chemicals, and freight services, while no commodities were reported as declining in price. At the same time, shortages were noted in several critical materials, including aluminum, electrical and electronic components, and steel products, highlighting ongoing supply constraints despite the sector's continued expansion.
Back to articles

Actual Topics

Wed, 03 Jun 2026 07:15:40 GMT

Australian Economy Grows 0.3% in March Quarter 2026 Despite Trade and Weather Challenges

Australia's economy expanded by 0.3% in the March quarter 2026, with annual GDP growth reaching 2.5%, according to the latest Australian Bureau of Statistics report. Growth was largely driven by strong private investment in data centres and technology infrastructure, particularly in New South Wales. However, severe weather disruptions, including Cyclone Koji, weighed on mining output and exports, limiting overall economic momentum. Key

Mon, 01 Jun 2026 12:20:19 GMT

Bank of Israel Cuts Interest Rate to 3.75%: Economic Recovery and Policy Outlook

On May 25, 2026, the Monetary Committee of the Bank of Israel reduced the benchmark interest rate to 3.75%. This decision serves to support economic recovery and promote financial stability in the face of ongoing domestic and global geopolitical volatility. Economic Recovery and Labor Market Dynamics The Israeli economy is currently emerging from a contractionary period during the first quarter of 2026,

Чтобы узнать больше о торговой платформе Forex/CFD, SWFX и получить другую информацию, связанную с торговлей,
пожалуйста, звоните нам или запросите обратный звонок.
Для получения дополнительной информации относительно сотрудничества,
пожалуйста, позвоните нам или запросите обратный звонок.
Чтобы узнать больше о торговых платформах (Forex / Бинарные опционы) от Dukascopy Bank, торговой площадке SWFX или получить другую информацию, связанную с торговлей,
пожалуйста, позвоните нам или запросите обратный звонок.
Чтобы узнать больше о торговой платформе Forex/CFD, SWFX и получить другую информацию, связанную с торговлей,
пожалуйста, звоните нам или запросите обратный звонок.
Чтобы узнать больше о Крипто / CFD / Forex торговых платформах, SWFX и получить другую информацию, связанную с торговлей,
пожалуйста, позвоните нам или запросите обратный звонок.
Чтобы узнать больше о Представляющих агентах и получить другую информацию, связанную с торговлей,
пожалуйста, позвоните нам или запросите обратный звонок.
Для получения дополнительной информации относительно сотрудничества,
пожалуйста, позвоните нам или запросите обратный звонок.