March ISM Manufacturing PMI comes in at 52.7, beating expectations
CNBC · New
CNBC
New
The ISM Manufacturing Purchasing Managers' Index (PMI) for March registered at 52.7, exceeding expectations and representing the highest level since the summer of 2022.
Breakdown
- January business inventories fell by 0.1%, first negative since Dec 2024 5s
- Retail sales were better than expected 43s
- March ISM manufacturing PMI came in at 52.7 1m 4s
- 52.7 is the strongest manufacturing PMI since summer 2022 1m 15s
- Prices paid in the last read were at highest since summer 2022 1m 25s