U.S. Manufacturing Gauge Seen Rising in May
The ISM Manufacturing PMI is expected to land between 54.0 and 54.9 for May 2026, signaling continued expansion in factory activity.
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Will ISM Manufacturing PMI be between 54.0 and 54.9 in May? Prediction Market OddsThe Institute for Supply Management is expected to report that its Manufacturing Purchasing Managers' Index for May 2026 registered between 54.0 and 54.9, pointing to a steady expansion in U.S. factory activity. The report is scheduled for release on June 1 at 10:00 a.m. ET.
A reading above 50 indicates that manufacturing activity expanded from the prior month, and a mid-54 reading would suggest the sector maintained solid momentum heading into the summer. Investors, economists and corporate planners will be watching the details of the report, including new orders, production, employment and supplier deliveries, for signs of whether demand is broadening across industries.
The May figure would add to evidence that manufacturers are operating in a firmer environment, even as companies continue to navigate input costs, inventory management and shifting demand conditions. The ISM report remains one of the most closely followed monthly indicators of U.S. industrial health.