ISM Manufacturing
The Manufacturing Paradox: Expansion Hits a Wall of Inflation as March PMI Signals High-Cost Future
The U.S. manufacturing sector continues its resilient march forward, but the cost of progress is reaching a breaking point. According to the March 2026 Institute for Supply Management (ISM) report released this morning, the headline Purchasing Managers’ Index (PMI) landed at a robust 52.7. This marks the third