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United States Business Confidence

Last Release
Jun 30, 2025
Actual
49
Units In
Points
Previous
48.5
Frequency
Monthly
Next Release
Aug 01, 2025
Time to Release
29 Days 16 Hours
Highest
Lowest
Average
Date Range
Source
77.5
Jul 1950
29.4
May 1980
52.84 Points1948-2025Institute for Supply Management
The Manufacturing ISM Report On Business® is based on data compiled from purchasing and supply executives nationwide. Survey responses reflect the change, if any, in the current month compared to the previous month. For each of the indicators measured (New Orders, Backlog of Orders, New Export Orders, Imports, Production, Supplier Deliveries, Inventories, Customers' Inventories, Employment and Prices), the report shows the percentage reporting each response, the net difference between the number of responses in the positive economic direction and the negative economic direction, and the diffusion index. A PMI™ reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally declining.

Latest Updates

The ISM Manufacturing PMI edged up to 49 in June 2025 from 48.5 in May, compared to forecasts of 48.8, signalling economic activity in the manufacturing sector contracted for the fourth consecutive month. However, the rate of contraction slowed, amid a rebound in production (50.3 vs 45.4) and improvements in inventories (49.2 vs 46.7). On the other hand, new orders (46.4 vs 47.6), employment (45 vs 46.8) and backlog of orders (44.3 vs 47.1) contracted at a faster pace. Also, inflationary pressures increased slightly (69.7 vs 69.4) and tariffs-induced prices growth accelerated. Meanwhile, the Supplier Deliveries Index (54.2 vs 56.1) indicated slower deliveries but improved performance, indicating that the delays in clearing goods through ports of entry are largely complete.

United States Business Confidence History

Last 12 readings

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