U.S. Manufacturing Sector Expands for the 26th Straight Month (.PDF Download)

Aug. 10, 2022
The Manufacturing ISM Report On Business paints a picture of a manufacturing sector that continues to expand, although there are some signs of possible headwinds on the near horizon.

Concerns over inflation, a possible economic slowdown, rising prices and geopolitical events didn’t keep the U.S. manufacturing sector from expanding for the 26th month in a row in July. And while that growth was slightly lower than it was in June, a survey from the Institute for Supply Management (ISM) paints a picture of a sector that’s holding its own despite the headwinds.

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