Washington, United States, June 1, 2026 (AFP) - US factory activity hits highest level in four years

NAMPA / AFP

2026-06-01

US manufacturing activity hit its highest level in four years in May, survey data showed on Monday, beating analyst expectations as the world's largest economy weathers shocks from the Iran war. The Institute for Supply Management's (ISM) manufacturing index rose to 54.0 percent in May, accelerating 1.3 percentage points from the month before and staying above the 50-percent line that separates growth from contraction. The reading beat analyst ex......

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