ISM Manufacturing PMI: Strongest Expansion Since 2022

Published on February 2, 2026

The Institute for Supply Management (ISM) manufacturing purchasing managers index (PMI) came in at 52.6 in January, its highest reading since August 2022.

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S&P Global US Manufacturing PMI™: Stronger Expansion in January

February 2, 2026
U.S. manufacturing improved at a stronger pace in January, with the S&P Global U.S. Manufacturing PMI increasing from 51.8 in December to 52.4. The latest reading was higher than the forecast of 51.9.

A Nobel for the Deep Roots of Growth and Prosperity

February 2, 2026
Joel Mokyr has made a valiant and mostly convincing effort — deeply researched and extensively documented — at explaining the Great Enrichment. His Nobel Prize is not only richly deserved but long overdue.