AI Data Insight
Latest data shows that the US Q2 (latest observation) ISM Manufacturing Production Index fell from the previous 54.3 to 52.2, indicating a cooling in expansion momentum. The overall ISM Manufacturing PMI also dropped to 53.3, trailing the market consensus expectation of 54.0. Although new orders maintained expansion and price pressures dropped significantly, Middle East conflicts and policy uncertainty continue to pose challenges to the supply chain.