Manufacturing Rebounds as ISM PMI Surges to 52.6 in January 2026
TL;DR Summary
January 2026 ISM Manufacturing PMI rose to 52.6, the first expansion in 12 months, driven by solid New Orders (57.1) and Production (55.9) while Employment (48.1) and Inventories (47.6) remained in contraction; Prices rose (59.0) and Backlog of Orders turned positive (51.6), with New Export Orders and Imports near 50 and Supplier Deliveries slowing (54.4). Customers' Inventories stayed very low (38.7), amid tariff concerns and post-holiday demand; the report implies about a 1.7% annualized GDP gain and signals a shift toward manufacturing expansion in January 2026.
- Manufacturing PMI® at 52.6%; January 2026 ISM® Manufacturing PMI® Report PR Newswire
- US Manufacturing Activity Expands by the Most Since 2022 Bloomberg.com
- U.S. manufacturers had a very good January — it’s the rest of the year that’s the problem. MarketWatch
- Post-holiday reordering boosts US manufacturing in January Reuters
- Big Beat in ISM Manufacturing. Bonds Aren't Thrilled Mortgage News Daily
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