US manufacturing slows in June2026

In June 2026, manufacturing activity in the United States declined after reaching its highest level in four years in May, with the Purchasing Managers' Index dropping to 53.3 points from 54. Despite the slowdown, growth continued for the sixth consecutive month, fueled by AI spending. Companies also continued hiring more employees, while their concerns about the impact of the Iran conflict and price volatility decreased. Still, geopolitical tensions and tariffs remain challenges affecting business operations, despite improvements in the supply chain and a rebound in inventories.

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