US manufacturing output posted 0.0% growth in May despite ISM PMI hitting 54.0, its highest since 2022, as supply chain delays and rising costs stall

...but capacity utilization increased.

US factory production remained flat in May. This unexpected result followed a strong April. Output of long-lasting goods like vehicles rose. However, production of items such as…

US manufacturing output posted 0.0% growth in May despite ISM PMI hitting 54.0, its highest since 2022, as supply chain delays and rising costs stall

US factory production stayed flat in May as AI spending supported output, offsetting tariffs and energy shocks, while supply delays worsened in surveys.