U.S. AUG ISM Manufacturing Employment Actual 43.80, Previous 43.40.

U.S. AUG ISM Manufacturing Employment Actual 43.80, Previous 43.40.

U.S. manufacturing continued its downward trend in August, contracting for the sixth consecutive month according to the latest data from the Institute for Supply Management (ISM). The ISM Manufacturing PMI (Purchasing Managers' Index) for August stood at 43.80, down from the previous month's 43.40, indicating a further decline in manufacturing activity [2].

Susan Spence, ISM manufacturing business survey committee chair, discussed the sector's needs from the Trump administration during a recent Market Catalysts interview. She highlighted the importance of addressing supply chain disruptions and supporting manufacturing through policy initiatives [1].

The upcoming week brings a fresh batch of inflation data, which could influence future interest rates. The Federal Reserve Chair Jerome Powell's comments expressing hesitancy over implementing cuts have traders on edge [2]. Key economic events include the CPI (YoY) for August in the Euro Zone, the S&P Global Manufacturing PMI for August, and the ISM Manufacturing PMI for August in the United States, all of which are expected to be high volatility events [2].

The earnings season is also heating up, with quarterly reports from major companies such as Airbnb (ABNB), Biogen (BIIB), Chemours (CC), Cisco Systems (CSCO), CME Group (CME), Coca-Cola (KO), Coinbase Global (COIN), Crocs (CROX), Datadog (DDOG), DoorDash (DASH), DraftKings (DKNG), Dropbox (DBX), Hasbro (HAS), Lyft (LYFT), MGM Resorts (MGM), PENN Entertainment (PENN), Roku (ROKU), TripAdvisor (TRIP), and Twilio (TWLO) [2].

The U.S. manufacturing sector's persistent contraction signals a need for policy support and strategic interventions to bolster the economy. As the Federal Reserve and other economic indicators remain under scrutiny, investors should closely monitor the upcoming economic data releases and corporate earnings reports to gauge the market's trajectory.

References:
[1] https://finance.yahoo.com/video/heres-number-1-thing-us-173000325.html
[2] https://www.investing.com/economic-calendar/#20250902