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- ⚠️The US manufacturing recession is worsening
⚠️The US manufacturing recession is worsening
The manufacturing outlook does not look compelling
Global Markets Investor
August 05, 2025
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The ISM Manufacturing PMI index fell to 48 points in July, the lowest reading since November 2024.
The ISM Manufacturing PMI has been now in contraction in 31 out of the last 33 months, one of the worst streaks in history.
The outlook does also not look bright as new orders have shrunk for 6 months straight
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Additionally, the employment index fell to its lowest since the 2020 Crisis. Find out more about US employment in the following analysis.
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