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Zenger
Zenger
Business
Piero Cingari

US Manufacturing Activity Falls For Eighth Consecutive Month In June

United States ISM NC
Chart depicting ISM Manufacturing PMI Falls To 3-Year Low In June. ISM/BENZINGA. 

Manufacturing activity fell for the eighth consecutive month in June, according to the latest Manufacturing Institute of Supply Management (ISM) Report On Business released Monday.

The ISM survey revealed the manufacturing PMI gauge was 46 in June, down from 46.9 in May and falling short of estimates of 47. The latest June ISM Manufacturing PMI marked the lowest print since May 2020, when business activity plummeted due to COVID-19 restrictions.

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