US Manufacturing Climbs To Four-Year High In May As Factory Demand Strengthens

Source: International Business Times

The ISM Manufacturing Index advanced to its strongest reading since 2022, signaling a firmer expansion in the US factory sector after months of uneven performance. Getty Images US manufacturing activity rose in May to its highest level in four years, marking a broad-based improvement across new orders, production and employment conditions, according to data released by the Institute for Supply Management. The ISM Manufacturing Index advanced to its strongest reading since 2022, signaling a firmer expansion in the US factory sector after months of uneven performance.