US Manufacturing Sector Continues Decline with PMI at 47.9
US manufacturing sector contracted for the 10th consecutive month in December, with the ISM PMI dropping to 47.9, the lowest since October 2024, largely due to ongoing tariffs and weak demand, leading to declining factory employment and elevated input costs. Despite some positive signs from AI investments and tax cuts, structural issues and tariff impacts continue to hinder recovery, with a potential Supreme Court ruling on tariffs expected in early 2026.
