Economic activity in the manufacturing sector expanded in July for the seventh consecutive month, say the nation’s supply executives in the latest ISM® Manufacturing PMI® Report. The U.S. manufacturing sector expanded in July for the seventh straight month following a 10-month period of contraction, registering 55.6%, an increase of 2.3 percentage points compared to June. This is the index’s highest reading since May 2022, when it registered 55.9%. All of the five subindexes that directly factor into the Manufacturing PMI®—the New Orders, Production, Employment, Supplier Deliveries and Inventories indexes—were in expansion territory, one more than in June. To read the ...