02-June-2026
Economy News
 
US manufacturing activity hits four-year high: What are the forces driving the surprise rebound
02-Jun-2026

US manufacturing activity grew at its fastest pace in four years in May. The Institute for Supply Management’s manufacturing PMI rose to 54.0, its highest level since May 2022, marking the fifth straight month of expansion. The stronger-than-expected growth suggests US factories are holding up well regardless of higher costs, supply chain disruptions and ongoing economic uncertainty.

News Source:- https://www.financialexpress.com/world-news/us-news/us-manufacturing-activity-hits-four-year-high-what-are-the-forces-driving-the-surprise-rebound/4256574/?ref=morelatest_hp