ISM Manufacturing PMI hits 55.6 in July, highest since May 2022
ISM Manufacturing PMI hit 55.6 in July, the highest since May 2022, and blew past the 54.0 forecast. New orders have grown for 7 straight months. The S&P closed at an all time high of 7,737.
Detected & updated continuously · Source: Nebula
Sources
@LarkDavis
"Manufacturing is BOOMING" - Trump Well, he's got the receipts. ISM Manufacturing PMI just hit 55.6 in July, the highest since May 2022, and it blew past the 54.0 forecast. New orders have grown for 7 straight months. Oh and the S&P just closed at an all time high. 7,737. https://t.co/hjcpOVhAuQ
@Benzinga
President Trump got the factory pickup he wanted, but tariffs may not be the reason. ISM manufacturing hit a four-year high as AI data center demand boosts chips, machinery and electrical equipment. https://t.co/csi5t6xRwT