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US factory activity eases off four-year high; input prices remain elevated

US manufacturing continues to expand for a sixth consecutive month, though growth is easing from a four-year high.

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14950Jul 1 22:32Jul 1 23:33 UTC

The brief

The June 2026 ISM Manufacturing PMI reported a reading of 53.3%, signaling ongoing expansion in the US manufacturing sector. Coverage from Bloomberg and PR Newswire highlights that the sector has expanded for six straight months, while Bloomberg specifically notes a drop in the costs gauge.

MarketWatch describes the current environment as one where manufacturers continue to operate despite various obstacles. Attention is now on the impact of these shifts on financial markets, as KITCO reports spot gold prices approaching $4,100/oz following the release of the PMI data.

Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: unsupported claims removed (80% supported) Updated 1h ago.

Quick answers

What was the June 2026 ISM Manufacturing PMI reading?

The Manufacturing PMI was 53.3%.

How long has US manufacturing been expanding?

According to Bloomberg, the sector has expanded for six months.

How did gold prices react to the PMI report?

Spot gold rose toward $4,100/oz after the PMI fell to 53.3%.

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