FX.co ★ US Manufacturing PMI Unchanged in June: S&P Global

The S&P Global Flash US Manufacturing PMI maintained a steady reading of 52 in June 2025, unchanged from May and surpassing expectations of 51. This indicates a continued expansion in the manufacturing sector, consistent with the 15-month high recorded in May. Factory production increased for the first time in four months, while the growth of new orders experienced only a slight decline. Employment rose at its fastest pace in a year, with positive contributions from inventories and improved supplier delivery times. Additionally, both input and selling prices for manufacturers increased at rates not observed since July 2022, reflecting the passing of higher costs onto consumers. "Domestic demand has notably strengthened, particularly within the manufacturing sector, fostering increased employment levels. This is partly driven by stockpiling, frequently tied to concerns over rising prices and supply chain issues due to tariffs. It's anticipated that this boost might subside in the upcoming months," stated Chris Williamson, Chief Business Economist at S&P Global Market Intelligence.