S&P Global US Manufacturing PMI™: Growth Stalled in March

Published on April 1, 2025

U.S. manufacturing growth stalled in March amid economic and tariff uncertainty. The S&P Global U.S. Manufacturing PMI remained in expansion territory for a third straight month in March at 50.2 signaling a marginal improvement in operating conditions. The latest reading was higher than the 49.8 forecast.

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