S&P Global US Manufacturing PMI™: Highest Level in Three Years
Published on July 1, 2025
U.S. manufacturing expanded for the sixth consecutive month in June, with the S&P Global U.S. Manufacturing PMI reaching a three-year high of 52.9. This was higher than the forecast of 52.0. However, tariffs continued to affect the sector, leading to increased inventory buildup and a sharp acceleration in inflation.