AI Data Insight
The latest US Q3 2026 ISM Manufacturing New Orders Index dropped to 53.7, a significant decline from the previous 56.7, reflecting a slowdown in pull-in demand. Although the data has remained above the 50 expansion-contraction threshold for eight consecutive months, geopolitics and high raw material costs continue to bring short-term pressure. In the medium to long term, however, it possesses downside support driven by potential restocking room and AI infrastructure demand.