Both ISM and S&P Global U.S. Manufacturing PMIs show factory activity near weakest since mid-2020. Layoff trends remain subdued, indicating continued tight labor market conditions. Nonfarm productivity for Q2 revised up slightly, but unit labor costs still surging. Construction spending declines, led by residential.
Complete the form and a member of our team will send you a copy of this publication.
While you wait, explore additional NDR research and solutions.
Institutional Investors
Custom Research
Wealth Managers
Stock Selection
ETF Selection
Please note that you are using an unsupported browser. While the site will continue to function, you might experience sub-optimal behavior until you upgrade. Please update your browser to a later version for a better experience.