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US Factory Boom Hits 4 Year High
Posted on 6/1/26 at 11:29 am
Posted on 6/1/26 at 11:29 am
US ISM Manufacturing PMI rose to 54.0 in May, beating the 53.0 forecast and April’s 52.7. A reading above 50 means expansion, and this extends the strongest factory run since 2022
May ISM Manufacturing PMI up to four-year high of 54.0 vs. 53.0 est. & 52.7 prior … new orders up to 56.8 vs. 54.1 prior; prices paid down to 82.1 vs. 84.6 prior … employment up to 48.6 vs. 46.4 prior
May ISM Manufacturing PMI up to four-year high of 54.0 vs. 53.0 est. & 52.7 prior … new orders up to 56.8 vs. 54.1 prior; prices paid down to 82.1 vs. 84.6 prior … employment up to 48.6 vs. 46.4 prior
4
Posted on 6/1/26 at 11:42 am to OU Guy
I voted for this.
Posted on 6/1/26 at 11:49 am to OU Guy
Someone will be along shortly to tell us all how this good news is meaningless.
Posted on 6/1/26 at 11:49 am to OU Guy
quote:
US Factory Boom Hits 4 Year High
"Something something mean tweets. Something something ICE raids. Something something not enough factory jobs for minorities. Something something Trump is Hitler." - the View.
Posted on 6/1/26 at 11:52 am to DMAN1968
quote:
Someone will be along shortly to tell us all how this good news is meaningless.
Bunk, powerman, or SFP.
Posted on 6/1/26 at 3:08 pm to OU Guy
Silence from the doom and gloom crowd. I'm absolutely shocked.
Posted on 6/1/26 at 3:45 pm to DMAN1968
quote:
Someone will be along shortly to tell us all how this good news is meaningless.
Ask and you shall receive.
Cliff's Notes—It's temporary, it's due to front loading orders due to Iran, and it's causing prices to rise
This post was edited on 6/1/26 at 3:46 pm
Posted on 6/1/26 at 3:51 pm to wackatimesthree
I wouldn't expect anything less from London educated author
FTR, we get little that goes through Strait of Hormuz so the supply shock is really elsewhere
FTR, we get little that goes through Strait of Hormuz so the supply shock is really elsewhere
This post was edited on 6/1/26 at 3:53 pm
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