Industry News: Manufacturing Sector Update

Six months of consistent growth: The U.S. manufacturing sector maintained its upward trend, experiencing its sixth straight month of economic expansion in June 2026, as reported by the latest Institute for Supply Management (ISM) Manufacturing PMI.  https://sbecouncil.org/2026/07/02/pmi-index-manufacturing-expanded-during-first-half-of-2026/#:~:text=By%20SBE%20Council%20at%202%20July%2C%202026%2C,the%20report%2C%20after%2010%20months%20of%20decline.  

Regional activity increased significantly: the July 2026 Philly Fed Manufacturing Business Outlook Survey showed that regional activity and new orders reached their highest levels since late 2021.   

Advanced Technology: Manufacturers are increasingly investing in advanced technology due to ongoing labor shortages. Domestic manufacturing technology orders hit $2.19 billion early this year, marking a 28.9% rise from the same period last year.  https://www.amtonline.org/article/automation-fuels-strong-start-to-2026-manufacturing-technology-orders