U.S. Manufacturing Expands in March as Costs and Global Risks Rise

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The March 2026 ISM Manufacturing PMI report shows that U.S. manufacturing is still growing, marking its third straight month of expansion with a PMI of 52.7%. This also reflects a broader economic expansion that has now lasted 17 months, with GDP growing at about 1.8% annually.

The growth is mainly coming from higher production and steady new orders. Production has been rising for five months and picked up further in March, while new orders are still increasing, though at a slower pace than before. Customer inventories remain low, which is usually a good sign because it suggests companies will need to produce more soon. Most major industries are expanding, and overall, a majority of manufacturing sectors reported growth.

At the same time, there are strong inflation pressures and supply chain issues. Prices have jumped sharply to their highest level since mid-2022, driven by factors like conflict in the Middle East disrupting trade, rising costs of key materials like steel and aluminum, and ongoing uncertainty around tariffs and economic policy. Supplier deliveries are also slowing, which points to continued bottlenecks.



Some areas are still struggling. Employment in manufacturing continues to shrink, as companies are cautious about hiring and instead focus on managing current staff. Export orders have slipped slightly into decline, and inventories of raw materials are falling faster.

Even though the numbers show growth, the overall mood among industry leaders is quite negative. Many are worried about geopolitical tensions and trade policy uncertainty, which are making it harder to plan and increasing cost pressures.
Back to articles

Actual Topics

Tue, 31 Mar 2026 07:44:21 GMT

UK Economy Inches Forward in Q4 as Production Surge Offsets Construction Slump

The UK economy grew by an unrevised 0.1% in Q4 2025, bringing total annual growth for the year to 1.4%, a slight upward revision from previous estimates. This quarterly performance was characterized by a 1.2% expansion in the production sector, driven largely by manufacturing and energy, which offset a 2.0% decline in construction and flat growth in services. While GDP

Fri, 27 Mar 2026 07:17:31 GMT

UK retail sales volumes fall by 0.4%

According to the Office for National Statistics, retail sales volumes in Great Britain fell by 0.4% in February 2026, a correction following a sharp 2.0% rise in January. This monthly decline was largely attributed to consumers front-loading their spending in January to capitalize on discounts, as well as above-average rainfall dampening demand for household goods. Despite this monthly slip, the

Subscribe to "Fundamental Analysis" feed

Suscribir
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre las opciones binarias de Dukascopy Bank / La plataforma de operaciones de Forex, SWFX y otra información relacionada con el Trading, por favor llámenos o solicite una devolución de llamada.
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información acerca de la plataforma de operaciones Crypto Trading / CFD / Forex, SWFX y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre Business Introducer y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.