ISM Manufacturing PMI
The July 2026 ISM Manufacturing PMI registered 55.6%, marking the seventh consecutive month of expansion for U.S. manufacturing and the highest reading since May 2022.
The reading outperformed consensus estimates (54.0%) and rebounded strongly from June's 53.3%.
📊 July 2026 Key Sub-Index Breakdown
Sub-Index | July 2026 | June 2026 | Change (pts) | Status / Trend |
Manufacturing PMI® | 55.6% | 53.3% | +2.3 | Expanding (7th consecutive month) |
New Orders | 56.7% | 56.0% | +0.7 | Expanding (Faster) |
Production | 58.5% | 52.2% | +6.3 | Expanding (Highest since Nov 2021) |
Employment | 52.8% | 49.7% | +3.1 | Expansion (1st time in 33 months) |
Supplier Deliveries | 58.9% | 57.4% | +1.5 | Slowing (Supply chain friction) |
Prices Paid | 71.1% | 73.0% | -1.9 | Increasing (Input cost pressure) |
Backlog of Orders | 55.0% | 50.5% | +4.5 | Expanding (Rebuilding momentum) |
Customers' Inventories | 40.7% | 42.3% | -1.6 | "Too Low" (Drives future production) |
💡 Key Takeaways & Drivers
Production & Demand Surge: The Production Index jumped +6.3 points to 58.5%, driven by expanding order backlogs (55.0%) and low customer inventories (40.7%). 15 out of 18 manufacturing industries reported growth in July.
Employment Turnaround: The Employment Index moved above 50 (52.8%) for the first time in nearly three years, indicating factory floors are actively adding headcount to meet backlogged demand rather than relying solely on overtime.
Persistent Inflation Pressure: While the Prices Index ticked down slightly to 71.1% (from 73.0% in June), input costs remain historically high. Panelists continue to cite elevated metals costs, logistics bottlenecks, and geopolitical uncertainty as key price drivers.
ISM Manufacturing PMI अमेरिका के manufacturing/factory sector की activity को मापने वाला महत्वपूर्ण economic indicator है। इसे Institute for Supply Management (ISM) जारी करता है। (ISM World)
📊 आज, 1 September 2026 का ISM Manufacturing PMI
Forecast: 55.2
Previous: 55.6
Actual: आज August का आंकड़ा जारी हुआ है; market reaction के लिए Actual को Forecast से compare करना सबसे महत्वपूर्ण है। (TopOne Markets)
50 से ऊपर: Manufacturing expansion
50 से नीचे: Manufacturing contraction (go.weareism.org)
पिछली reading 55.6 थी, जो June के 53.3 से काफी मजबूत थी और May 2022 के बाद सबसे मजबूत manufacturing expansion थी। (Trading Economics)
📈 US30 / Dow Jones पर असर
Actual vs Forecast | US30 पर सामान्य असर |
Actual > 55.2 | Economy strong → USD/Yields ऊपर जा सकते हैं → US30 पर दबाव |
Actual ≈ 55.2 | Neutral → reaction सीमित |
Actual < 55.2 लेकिन >50 | Growth थोड़ी कमजोर → US30 को support मिल सकता है |
Actual <50 | Manufacturing contraction → Fed easing expectations बढ़ सकती हैं → US30 initially bullish हो सकता है, लेकिन recession fear में गिरावट भी संभव |
आपके US30 CFD trade के लिए: सिर्फ PMI देखकर Buy/Sell न लें। PMI के साथ JOLTS, Treasury yields, USD और Fed-rate expectations को भी देखें—आज ISM और JOLTS दोनों 10:00 AM ET पर आए हैं।
ISM Manufacturing Employment Index Data
The ISM Manufacturing Employment Index stood at 52.8% in the latest July 2026 report.
This marked a +3.1 percentage point increase from June's reading of 49.7%, crossing back into expansion territory (>50%) for the first time in 33 months (and reaching its highest level since August 2022).
📊 Recent Trend & Sub-Index Dynamics
Metric / Period | July 2026 | June 2026 | May 2026 | Direction / Signal |
ISM Employment Index | 52.8% | 49.7% | 48.6% | Expanding (Crossed above 50) |
Headline Manufacturing PMI | 55.6% | 53.3% | 54.0% | Expanding (Highest since May 2022) |
Production Index | 58.5% | 52.2% | 54.3% | Expanding (Highest since Nov 2021) |
💡 Key Takeaways from the Data
Shift to Active Hiring: Roughly 60% of survey panelists reported that their companies are actively adding headcount. Strong order backlogs (55.0%) and historically low customer inventories (40.7%) forced manufacturers to expand staffing rather than relying strictly on overtime.
Sector-Level Bifurcation: Employment growth was strongest among top performers, specifically Computer & Electronic Products, Semiconductors, Aerospace/Defense, and Machinery. Conversely, consumer products, traditional chemical manufacturing, and medical hardware reported more subdued or cautious hiring strategies.
Correlation to BLS Nonfarm Payrolls: Because the ISM Employment Index accounts for 20% of the overall headline PMI weight, a reading above 50 historically correlates with positive net manufacturing job additions in the U.S. Bureau of Labor Statistics (BLS) employment reports.
💡 Strategic Consideration for Business Planning
If you are managing workforce allocation or labor budgets in manufacturing/supply chain sectors:
Wage Competition: As the index shifts from contraction (under 50) into active expansion (52.8%), competition for skilled technical labor (electronics, advanced packaging, defense assembly) is tightening.
Planning Horizon: Low customer inventories combined with 7 consecutive months of expanding New Orders (56.7%) signal sustained factory floor labor demand heading into Q4.
🇺🇸 ISM Manufacturing Employment Index
यह अमेरिका के manufacturing sector में employment/hiring conditions को मापता है। इसका reading 50 के आसपास महत्वपूर्ण है:
50 से ऊपर → manufacturing jobs/employment में expansion
50 से नीचे → employment में contraction
यह NFP का एक leading indicator माना जाता है। (Investing.com)
📊 1 September 2026 — August Data
Data | Value |
Previous (July) | 52.8 |
Forecast/Consensus | 52.5 |
Actual (August) | अभी उपलब्ध नहीं / release pending |
Trading Economics भी August release के लिए previous 52.8 और forecast करीब 52.5 दिखा रहा है। (Trading Economics)
📈 US30 पर इसका मतलब
Actual > 52.5:
➡️ Employment मजबूत → US economy मजबूत → USD/Yields ऊपर जा सकते हैं → US30 पर short-term pressure संभव।
Actual < 52.5 लेकिन >50:
➡️ Employment थोड़ा कमजोर → Fed easing expectations बढ़ सकती हैं → US30 को support मिल सकता है।
Actual <50:
➡️ Manufacturing employment contraction → economic slowdown concern → US30 में volatility बहुत बढ़ सकती है।
आज ISM Manufacturing PMI और JOLTS भी महत्वपूर्ण हैं और दोनों 10:00 AM ET पर scheduled हैं।
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