• Hlavní
  • Analytika
  • Zprávy z trhu
  • U.S. manufacturing activity growth slows more than anticipated in June - ISM
Ekonomické zprávy
01.07.2022

U.S. manufacturing activity growth slows more than anticipated in June - ISM

A report from the Institute for Supply Management (ISM) revealed on Friday the U.S. manufacturing sector’s activity expanded in June, albeit at a weaker pace than in the previous month.

The ISM's index of manufacturing activity - the manufacturing PMI - checked in at 53.0 percent in June, down 3.1 percentage points from an unrevised May reading of 56.1 percent. The June reading pointed to the growth in the U.S. manufacturing sector for the 25th straight month, which, however, was the slowest one since June 2020 (52.4 percent).

Economists had forecast the indicator to fall to 54.9 percent.

According to the report, the New Orders Index plunged 5.9 percentage points to 49.2 percent, turning into contraction territory after growing for 24 consecutive months, while the Employment Index dropped 2.3 percentage points to 47.3 percent, slipping further into contraction territory. In addition, the Supplier Deliveries Index tumbled 8.4 percentage points to 57.3 percent, and the Backlog of Orders Index decreased 5.5 percentage points to 53.2 percent. In the meantime, the Production Index rose 0.6 percentage point to 54.9 percent last month, and the Inventories Index edged up 0.1 percentage point to 56.0 percent.

On the price front, the Prices Index fell 3.7 percentage points to 78.5 percent, indicating raw materials prices rose for the 25th straight month in June, but at a softer pace compared to the previous month. 

Podívejte se také