24.07.202613:45:00UTC+00U.S. Manufacturing Momentum Holds as S&P Global PMI Eases Fractionally in July

The U.S. manufacturing sector maintained its expansionary momentum in July 2026, with the S&P Global Manufacturing PMI edging slightly lower to 53.8 from 53.9 in June. Despite the marginal dip, the index remained comfortably above the 50-point threshold that separates expansion from contraction, signaling continued growth in factory activity.

The latest reading, updated on 24 July 2026, suggests that while the pace of improvement in manufacturing conditions has eased only fractionally, the sector is still on a solid footing. The near-unchanged PMI points to broadly stable operating conditions, indicating that production, new orders, and other key components of the index likely remained resilient through July.

With two consecutive months of readings in the mid-50s, the data for June and July 2026 underscore a period of steady, if not accelerating, growth for U.S. manufacturers, hinting at ongoing support for broader economic activity in the country.