Global Manufacturing PMI (July 2025)

In July 2025, the global manufacturing sector slipped back into contraction—with the J.P. Morgan‑S&P Global Manufacturing PMI dropping from 50.4 in June to 49.7, signaling deteriorating business conditions for the third time in four months. In the U.S., the ISM Manufacturing PMI slipped to 48.0, below the neutral 50 threshold and marking the fifth consecutive […]