United States: ISM manufacturing index rises in October
Activity strengthens while cost pressures persist.
Carried forward 2026-11-05. October survey released November 2; indexes and their interpretation limits are retained.
Released on November 2, the ISM manufacturing PMI reached 55.5 in October, up from 54.5 in September. Above 50, it signals a tenth consecutive month of expansion in the sector. [1]
Higher production
The production index rose to 59, its highest reading since November 2021, Reuters reports. New orders also increased. [2]
Continuing pressure
The prices-paid index eased to 75.2 from 77.9. It still signals rising input prices: the slower reading does not mean costs are falling. [1]
Businesses remain cautious
Reuters also highlights manufacturers’ concerns about prices, delays and uncertainty. A stronger activity survey can therefore coexist with pessimistic comments from businesses. [2]
Perspectives compared
Sources and documents
- [1] Institute for Supply Management — October survey ↗November 2, 2026
- [2] Reuters — Lucia Mutikani / StreetInsider ↗November 2, 2026, 10:02 a.m. ET