Manufacturing PMI® at 48.7%; October 2025 ISM® Manufacturing PMI® Report

Bloomberg: U.S. manufacturing shrinks for 8th month

The "boom continues: " U.S. factory activity shrank in October for an eighth straight month, driven by a pullback in production and tepid demand."

US manufacturing dips despite improved demand: PMI

Production deteriorated after expanding in September as tariffs and policy uncertainty continue to raise concerns and weigh on manufacturers across industries.

Manufacturing PMI® at 48.7%; October 2025 ISM® Manufacturing PMI® Report

New Orders Contracting; Production Contracting; Employment Contracting; Supplier Deliveries Slowing; Raw Materials Inventories Contracting; Customers' Inventories Too Low; Prices Increasing; Exports and Imports Contracting TEMPE, Ariz., Nov. 3, 2025 /PRNewswire/ -- Economic activity in the manufacturing sector contracted in October for the eighth consecutive month, following a two-month expansion preceded by 26 straight months of contraction, sa…

Manufacturing Slump Deepens to Eight Months as Industry Index Remains Below Expansion Threshold in October

Tariff uncertainty shifts from speculation to concrete business impact American manufacturers are confronting mounting challenges as the sector’s contraction enters its eighth consecutive month, with factory managers reporting that initial questions about trade policy have hardened into measurable damage to their bottom lines. The Institute for Supply Management’s manufacturing index declined 0.4 points to 48.7 […] The post Manufacturing Slump D…