US PMI hits 52 in May amid rising costs, trade uncertainty
US manufacturing gained momentum in May 2025, with the PMI rising to 52 amid tariff-driven stockpiling and rising domestic orders. Input inventories hit a record high, while production dipped slightly. Inflation eased but remained elevated due to tariff-related cost pass-through. Delivery delays worsened, and hiring rose marginally. Business confidence improved despite ongoing trade uncertainty.
US manufacturing gained momentum in May 2025, with the PMI rising to 52 amid tariff-driven stockpiling and rising domestic orders.
Input inventories hit a record high, while production dipped slightly.
Inflation eased but remained elevated due to tariff-related cost pass-through.
Delivery delays worsened, and hiring rose marginally.
Business confidence improved despite ongoing trade uncertainty.
