US Manufacturing PMI Unchanged in June: S&P Global
The S&P Global Flash US Manufacturing PMI held at 52 in June 2025, the same as in May, and above forecasts of 51, signaling a rate of expansion in the manufacturing sector that matched May’s 15-month high.
Factory production rose for the first time in four months, and new orders growth slipped only marginally. Also, employment rose at the fastest rate for 12 months and inventories and supplier delivery times also contributed positively. In addition, manufacturers’ input prices and selling prices both rose at rates not seen since July 2022, as higher costs were passed on to customers.
"While domestic demand has strengthened, notably in manufacturing, to encourage higher employment, this in part reflects a boost from stock building, in turn often linked to concerns over higher prices and supply issues resulting from tariffs.
Such a boost is likely to unwind in the coming months", Chris Williamson, Chief Business Economist at S&P Global Market Intelligence said.
Source: Trading Economics
