US ISM manufacturing dropped to 53 in Jun, lowest in two years

US ISM Manufacturing PMI dropped from 56.1 to 53.0 in June, below expectation of 55.0. That’s the lowest level since June 2020. New orders dropped from 55.1 to 49.2. Production rose from 54.2 to 54.9. Employment dropped from 49.6 to 47.3. Supplier deliveries dropped from 65.7 to 57.3. Prices dropped from 82.2 to 78.5. ISM […]

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