06/16/2026
U.S. manufacturing activity expanded in May at its fastest pace in four years, driven by strong demand for AI-related infrastructure, increased factory output and efforts by companies to secure materials ahead of anticipated cost increases. The Institute for Supply Management's Manufacturing Purchasing Managers Index rose to 54.0 in May, marking the fifth consecutive month of expansion and the strongest reading since 2022.
BIRMINGHAM, Mich. — U.S. manufacturing activity expanded in May at its fastest pace in four years, driven by strong demand for AI-related infrastructure, increased factory output and efforts by companies to secure materials ahead of anticipated cost increases.