US manufacturing activity expands for first time since 2022 as orders rise

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The ISM survey showed producers are also contending with elevated costs amid a healthy demand environment.

The gauge of prices paid rose by 2.4 points to 54.

He also said that tariffs on the European Union “will definitely happen.” Both Canada and Mexico have pledged to retaliate if Trump follows on an through on an executive order aimed at curbing illegal migration and the illicit drug trade.

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Article Details

Category: BusinessFinance

Markets: IndiaCanadaChinaMexicoPakistan

Topics: Supply chain challenges Factory output Inflation pressure Global trade impact US dollar strength New orders US economy Economic optimism Trump tariffs Production expansion US manufacturing Employment growth Manufacturing recovery ISM manufacturing index US industrial growth Production surge Economic growth US trade tariffs US industrial sector Manufacturing outlook Factory activity

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-03 @ 22:11:28 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 648 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25810488

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 317 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 4 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Publisher ID: #49

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