The ISM manufacturing index hit 55.6 in July 2026, the highest since May 2022, with 18,000 new jobs created and implications for crypto markets.

Prices are “still too high but going in the right direction,” said Susan Spence, chair of the Institute for Supply Management.

"...beneath the survey we see some warning signs about the future growth trajectory."

U.S. manufacturing activity reached its highest level in over four years during July. Strong order growth boosted factory employment, while supply chains faced strain. Input costs…

US manufacturing activity grew faster in July, reaching a four-year high. The Institute for Supply Management's index rose to 55.6 percent, exceeding expectations. Employment in…