AI Data Insight
Latest data shows that the US manufacturing average hourly earnings in Q2 2026 was $36.71, completely flat compared to the previous month, halting the monthly upward trend seen since the beginning of the year. Against the backdrop of the manufacturing PMI expanding for five consecutive months and overall solid employment, this wage freeze reflects that labor market supply and demand are gradually moving towards balance, which is expected to ease subsequent inflation and corporate cost pressures.