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U.S. Factories Expand at Fast Clip

U.S. manufacturing activity surged in July at the strongest rate in more than four years — driven by soaring demand, record production, and a wave of new hiring. This is the latest clear claimed result of President Donald J. Trump’s economic agenda delivering an industrial renaissance across America.
 
The Institute for Supply Management Manufacturing PMI shows the sector expanding for the seventh consecutive month — a sharp reversal after contraction in every single month of the previous Administration (outside a temporary post-pandemic bounce). New export orders flipped firmly back into expansion, proving the world is once again demanding American-made goods.

Bloomberg’s Lisa Abramowicz on X wrote, “US manufacturing is booming, expanding at the fastest pace since 2022 and beating expectations in many metrics for the month of July. Omar Sharif of Inflation Insights points out that the ISM production index rose by the most for any July since 1951.”

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