HomeEverythingEducation
Equities & FundsCrypto & Digital AssetsAI & TechnologyBusiness & CorporateUS Politics & PolicyGeopolitics & Global RiskMacro, Rates & FXCommodities & EnergyEuropean Politics & MarketsAsia-PacificReal Estate & Property
Story archiveAll categories
← All Stories

US manufacturing sector shows resilience as ISM PMI surges

Created at 1 Jun · 7:25 AM10 sources↑ Market-relevant10 events
IN SHORT

The U.S. manufacturing sector demonstrated resilience with a surge in the ISM PMI, indicating a significant improvement in factory health. Indonesia's manufacturing sector stabilized with its PMI reaching 50.0 in May.

✉Newsletter

PiQ Daily

Pick your topics. Get only what matters, on your cadence.

Key Numbers

50.0Indonesia S&P Global PMI in May
49.1Indonesia S&P Global PMI in April

Who's Involved

ISM
Compiler of the US manufacturing PMI
S&P Global
Compiler of Indonesia's manufacturing PMI

↳ Why This Matters

The ISM Manufacturing PMI is a key indicator of the health of the U.S. manufacturing sector, with a reading above 50 signifying expansion. Similarly, the S&P Global Indonesia PMI provides insight into the performance of Indonesia's manufacturing sector. A reading of 50.0 indicates stabilization.

Key facts

  • The U.S. manufacturing sector showed resilience.
  • The ISM PMI surged in the latest report.
  • Indonesia's S&P Global PMI increased to 50.0 in May.
  • Indonesia's PMI was up from 49.1 in April.
  • The Indonesian PMI indicates stabilization in the manufacturing sector.

The ISM Manufacturing PMI is a key indicator of the health of the U.S. manufacturing sector, with a reading above 50 signifying expansion. Similarly, the S&P Global Indonesia PMI provides insight into the performance of Indonesia's manufacturing sector. A reading of 50.0 indicates stabilization.

Frequently asked questions

The surge in the ISM PMI indicates a significant improvement in the health of American factories and the manufacturing sector.

The U.S. manufacturing sector is demonstrating resilience, as evidenced by the surge in the ISM PMI.

A PMI reading of 50.0 signifies stabilization in the manufacturing sector's performance.

Get the newsletter.

Pick the topics you actually care about. We'll email when there's news worth your time, on the cadence you choose. Cancel any time from your account.

Cadence

How It Developed

2 Jun · 12:30 AM
Indonesia's manufacturing sector stabilized in May, with its PMI reaching 50.0, up from 49.1 in April.
@FirstSquawk via PiQSuite
1 Jun · 2:00 PM
U.S. Manufacturing Sector Shows Resilience as ISM PMI Surges
Investing.com via PiQSuite
1 Jun · 8:54 AM
UK manufacturers raised prices at the fastest pace in nearly four years, according to a PMI report.
Investing.com via PiQSuite
1 Jun · 8:33 AM
UK factory PMI revised up to 53.9 in May, exceeding initial estimates and the prior month's figure.
Seeking Alpha via PiQSuite
1 Jun · 8:33 AM
UK manufacturing PMI rose to 53.9 in May, up from 53.7 in April, signaling a slight improvement.
Seeking Alpha via PiQSuite
1 Jun · 8:05 AM
Italy's manufacturing sector faces escalating cost pressures, with its PMI reaching a four-year high in May.
PiQSuite
1 Jun · 8:00 AM
Eurozone manufacturing activity slowed in May, with input prices rising fastest in four years and output prices at a three-and-a-half year high.
ForexLive via PiQSuite
1 Jun · 7:59 AM
Germany's May manufacturing PMI was revised up to 50.1, indicating a slight improvement.
Seeking Alpha via PiQSuite
1 Jun · 7:12 AM
Turkey's manufacturing PMI reached its highest point since March 2024, indicating stabilization.
Investing.com via PiQSuite

Sources

T1
Turkey's manufacturing nears stabilisation, PMI hits highest since March 2024m.piqsuite.com
T1
Eurozone May final manufacturing PMI 51.6 vs 51.4 prelimm.piqsuite.com
T1
Euro area manufacturing activity loses steam as stockpiling surge fades in Maym.piqsuite.com
T1
Germany's May manufacturing PMI revised higher to 50.1 from preliminary 49.9m.piqsuite.com
T1
UK May manufacturing PMI increases to 53.90 from 53.70 in Aprilm.piqsuite.com
T1
UK manufacturers raise prices at fastest pace in nearly 4 years, PMI showsm.piqsuite.com
T1
UK May factory PMI upgraded to 53.9, beating initial estimates and prior monthm.piqsuite.com
T1
U.S. Manufacturing Sector Shows Resilience as ISM PMI Surgesm.piqsuite.com
T1
Indonesia's S&P Global May PMI comes in at 50.0, up from 49.1 in April. Indonesia S&P Global@FirstSquawk via PiQSuite
T1
Italian manufacturing cost pressures continue to mount, PMI showsm.piqsuite.com

Related Stories

German Exports Rise Unexpectedly in May
9 Jul · 6:12 AM
Hungary Narrows Budget Gap to $10.8 Billion After June Surplus
8 Jul · 2:05 PM
Erdogan hosts NATO summit as rival Imamoglu faces court
8 Jul · 3:20 PM
Meloni: Italy will not join attacks on Iran
8 Jul · 2:27 PM
EU Leaders Tackle Sanctions, Enlargement Amid Transatlantic Tensions
8 Jul · 7:10 AM