China's manufacturing activity returns to growth
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Manufacturing activity grew for a sixth straight month in June, providing another tailwind to an already supply-constrained trucking market. The post June manufacturing data supportive of LTL demand appeared first on FreightWaves.
June U.S. ISM Manufacturing PMI: 53.3 vs. 53.9 consensus and 54.0 in May, according to data released by the Institute for Supply Management on Wednesday.
Business leaders on Wednesday called for increased domestic manufacturing and a focus on artificial intelligence in U. S.
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The general business activity index fell 0.4 points to 0.0, indicating slower growth of manufacturing activity and stable business conditions perceptions.
Apple's $600 billion U.S. manufacturing commitment is real capital deployed at meaningful scale along with TSMC's Arizona fab, Corning's Kentucky glass. But Apple's engineers will tell you it is harder than it looks.
Professional services firm PwC released its 2026 midyear outlook, which found that industrial manufacturing merger & acquisition (M&A) activity climbed to $173 billion over the past year. The surge represents a 28% increase over fiscal year 2025's $135 billion.
The U.S. manufacturing sector is grappling with a significant downturn, as shown by the latest ISM Manufacturing PMI index, which fell to 48.0 in July, marking its fifth consecutive month of contraction and the lowest reading since November 2024.
Many smaller manufacturers assume they are already behind. But in truth, most of the industry is still early in the AI adoption curve.
The eurozone area manufacturing activity continued to grow in June as production expanded moderately and cost pressures softened but supply conditions remained a challenge, final survey data from S&P Global showed on Wednesday.
