ISM’s Spring 2026 Supply Chain Planning Forecast shows higher revenue, capital spending and capacity utilization expectations for both manufacturing and services.
Latest In ISM
ISM is a value-added distributor and assembler of pneumatic, vacuum, and fluid circuitry components.
October's decline negated September's gain, as weakness in production more than offset modest gains in all four demand subindexes.
September's PMI rose slightly to 49.1% but stayed in contraction territory as some manufacturers report tariffs driving prices up.
Though still in contraction, it followed a July decline, while respondents emphasized the uncertainty and challenges that have come with tariff-driven price increases.
A new chair will succeed Timothy Fiore in June 2025 to lead ISM’s Manufacturing Business Survey Committee, bringing leadership experience from FedEx.
The U.S. industrial health gauge retreated further into contraction, hampered by lower production and export orders.
The Chair of ISM’s Manufacturing PMI Panel will retire, with a new leader set to take over in March 2025.
It’s the latest economic indicator that demand remains subdued in the U.S. manufacturing sector.
Missing economists' expectations of an increase, the latest PMI reading indicated contraction for the 19th time in 20 months.
The industrial economy barometer has been in contraction territory for 18 of the past 19 months through May.
Mirroring the latest MDM Forecast, revenue forecasts from manufacturing respondent now expect low single-digit revenue growth.
It was a reversion from a March that had seen the first expansion-territory PMI since September 2022.
It followed a sizeable jump in January, reflecting broad weakened industrial demand.
Manufacturers across most industries expect revenue growth in the new year, according to a nationwide Institute for Supply Management survey.
For a second straight month, none of the PMI's 10 subindexes registered monthly expansion.
The Institute for Supply Management’s Spring Economic Forecast predicts revenue to increase and manufacturing to expand at slower pace.
The industrial manufacturing barometer fell another 1.2 points from October, continuing its year-long slide.
Indices for new orders and employment had solid month-to-month gains, while production, inventories and prices had notable declines.
It was the slowest expansion since June 2020 as prices took a major month-to-month decline while employment posted improvement.
