US Manufacturing Contracts for Sixth Consecutive Month Amidst Tariff Instability
TL;DR
The August 2025 ISM Manufacturing PMI report shows the U.S. manufacturing sector contracting for the sixth consecutive month with a PMI of 48.7%, indicating a slowdown but slightly less decline than July. Key indicators such as new orders and employment remain in contraction, while prices continue to rise at a slower pace. The overall economy is still expanding, but manufacturing faces ongoing challenges from tariffs, supply chain disruptions, and demand uncertainties.
- August ISM
- ‘Tariffs continue to be unstable’ — manufacturers contract for sixth month in a row, ISM finds MarketWatch
- Manufacturing PMI® at 48.7%; August 2025 ISM® Manufacturing PMI® Report PR Newswire
- US manufacturing stay mired in weakness, but AI spending boom helps some factories Yahoo Finance
- US Manufacturing Activity Contracted in August for a Sixth Month Bloomberg.com
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