The jump in prices paid represents the highest level since May, indicating rising inflation pressure within the manufacturing supply chain. Although new orders and employment trended upward, the overall PMI dipped slightly as production levels eased from the prior month.
Tuesday, October 20, 2026
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US Manufacturing Prices Hit 77.9 Highest Level Since May
US Markets19 days ago
The US Institute for Supply Management (ISM) reported a September Manufacturing PMI of 54.5, failing to reach the 55.0 forecast and slipping from 54.6 in August. While the sector remains in expansion, the Manufacturing Price Index surged to 77.9, far exceeding the 73.0 estimate and the 71.1 previous reading. Growth in other areas was positive, with new orders increasing to 55.3 from 53.7 and the employment index rising to 52.7 from 51.2.
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