July reignites manufacturing, but services shed jobs
In July, the manufacturing PMI jumps to 55.6, its highest level since May 2022, while in the services sector the Employment Index slumps to 47.4. The American cycle…
In July, the manufacturing PMI jumps to 55.6, its highest level since May 2022, while in the services sector the Employment Index slumps to 47.4. The American cycle…
In June, the US economy remains in expansionary territory but loses momentum. The notable development is the return of services-sector employment above the 50 mark, the…
The ISM Observatory reads Institute for Supply Management data through a sector lens, providing an early map of US industries showing signs of strengthening or weakening.
The April 2026 ISM data show the U.S. economy still in expansion, but with a deteriorating labor market and price pressures that complicate the Fed's path…
In May, the US economy accelerates on multiple fronts, with PMI and new orders moving higher, but the labour market fails to keep pace: the services…