{"id":633410,"date":"2026-10-01T18:06:08","date_gmt":"2026-10-01T18:06:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/633410\/"},"modified":"2026-10-01T18:06:08","modified_gmt":"2026-10-01T18:06:08","slug":"september-ism-report-manufacturing-industry-extends-expansion-streak-for-ninth-consecutive-month","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/633410\/","title":{"rendered":"September ISM Report: Manufacturing Industry Extends Expansion Streak for Ninth Consecutive Month"},"content":{"rendered":"<p>The ISM (<a href=\"https:\/\/www.ismworld.org\/\" target=\"_blank\" rel=\"noopener nofollow\">Institute for Supply Management<\/a>) Manufacturing PMI registered 54.5% in September, a slight decrease of 0.1 percentage point from <a href=\"https:\/\/www.industryweek.com\/the-economy\/news\/55402160\/august-ism-report-manufacturing-activity-falls-slightly-remains-in-expansion-territory\" rel=\"nofollow noopener\" target=\"_blank\">August<\/a>, signaling expansion in the sector for the ninth straight month, but at a slower rate.<\/p>\n<p>\u201cOf the five subindexes that make up the PMI, only new orders and employment grew faster than the previous month,\u201d says Susan Spence, chair of the ISM\u2019s manufacturing business survey committee. A reading below 50% generally indicates contraction.<\/p>\n<p>With a reading of 56.7%, the production index remained in expansion territory, despite falling 1.6 points from the August figure. The new orders and employment indexes grew at a faster rate, climbing to 55.3% and 52.7%, respectively.<\/p>\n<p>The prices index jumped 6.8 points to 77.9% in September, driven by steel and aluminum prices, tariffs and petroleum-based product prices, according to Spence.<\/p>\n<p>\u201cIn September, three of four demand indicators (the new orders, backlog of orders and new export orders indexes) remained in expansion, and the customers\u2019 inventories index remained in \u2018too low\u2019 territory, contracting at a faster rate. A \u2018too low\u2019 status for the customers\u2019 inventories index is usually considered positive for future production,\u201d Spence says.<\/p>\n<p>12 manufacturing industries reported growth in September:<\/p>\n<p>Electrical equipment, appliances &amp; components<br \/>\nNonmetallic mineral products<br \/>\nPrimary metals<br \/>\nPlastics &amp; rubber products<br \/>\nComputer &amp; electronic products<br \/>\nFabricated metal products<br \/>\nFurniture &amp; related products<br \/>\nFood, beverage &amp; tobacco products<br \/>\nTransportation equipment<br \/>\nMachinery<br \/>\nMiscellaneous manufacturing<br \/>\nChemical products<\/p>\n<p>\u201cOf the six largest manufacturing industries, five (computer &amp; electronic products; food, beverage &amp; tobacco products; transportation equipment; machinery; and chemical products) expanded in September,\u201d Spence says.<\/p>\n<p>40% of survey comments were positive, while 60% were negative, according to Spence. Some respondents expressed cautious optimism regarding strong order levels and business stability, while others point to sustained uncertainty surrounding tariffs and the impact of the Iran war.<\/p>\n<p>\u201cBetter performance was driven primarily by temporary market effects, including (1) geopolitical uncertainties, (2) customers bringing forward purchases, (3) delayed raw material price increases and (4) reduced competitor capacity. However, these factors do not signal sustained recovery,\u201d writes one respondent in the chemical products sector.<\/p>\n<p>Another respondent in the machinery sector writes, \u201cCanada tariffs have impacted cross-border costs and left our supply chain team scrambling \u2014 those supply chains took years to develop and nurture \u2014 hurting the very lead times government buyers are concerned about.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"The ISM (Institute for Supply Management) Manufacturing PMI registered 54.5% in September, a slight decrease of 0.1 percentage&hellip;\n","protected":false},"author":2,"featured_media":633411,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[42,43,40,38,41,39],"class_list":["post-633410","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/633410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=633410"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/633410\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/633411"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=633410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=633410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=633410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}