After reporting a contraction in U.S. manufacturing activity in the previous month, the Institute for Supply Management released a report on Monday showing that manufacturing activity expanded by a little more than expected in June.
The ISM said its purchasing managers index climbed to 50.9 in June from 49.0 in May, with a reading above 50 indicating an increase in manufacturing activity. Economists had been expecting the index to edge up to a reading of 50.5.
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August 21, 2026 14:42 ET The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.