This article has been translated from English to Gen Z Slang.
Ayo fam, the June ISM manufacturing PMI pulled up with results that were low-key better than expected. 🌟 The index glided from 48.5 to 49.0 during June. Even though it was vibing higher, it’s still chillin' below the 50.0 mark, which basically means the industry’s got contraction vibes. 😅
Key Takeaways from the June ISM Manufacturing Report
- Manufacturing PMI’s got a glow-up to 49.0% from 48.5% in May. Glow-up or not, we’re still in contraction lanes for the fourth month straight. 🔄
- Production index is back in the game at 50.3%, a major jump from May’s 45.4%. This right here is the only lit part of the whole report. 🔋
- New orders? Still saggin’, tbh. They fell to 46.4% from 47.6% in May, marking the fifth month of contraction after a brief moment of hype. 📉
- Employment is slacking harder, with the index dropping to 45.0% from 46.8%. 😬 This means the manufacturers are more about that cost management life than hiring peeps. 💼
- Price pressures are turning up. 🚀 Prices Index glided up to 69.7% from 69.4%, probs 'cause tariffs are making things expensive across the supply chains. 🛍️
- Export scene’s low-key on the come-up, with New Export Orders rising to 46.3% from 40.1%. Still not in glow-up territory though. 📦
Survey peeps painted a pretty srs pic of the business feels, with tariff drama holding the spotlight. 👀 Manufacturers are like, “yo, these trade policies are all over the place!” Makes it hard to plan anything when everyone's too shook to lock in long-term orders. 🤔
Link to official ISM Manufacturing PMI (June 2025)
Industry feedback totally spilled the tea on how trade vibes are shaking things up. Execs called out “massive tariff uncertainty” and “erratic policy” for causing a hot mess. 😅 A bunch of sectors talkin’ ‘bout cancelled orders, especially in the machinery and transportation squad. 🚗💔 Companies are legit saying that orders have been ghosted thanks to this policy turbulence. ✈️💨
Market Reactions
U.S. Dollar vs. Major Currencies: 5-min
Overlay of USD vs. Major Currencies Chart by TradingView
The Greenback’s flexing, climbing higher right before the ISM manufacturing PMI dropped, and kept goin’ once the legit results spilled the tea on being slightly better than predicted. 💪
The USD/JPY pair was leading the charge with a 0.42% boost while USD/CAD and USD/CHF threw down gains of 0.38% and 0.30% each. USD/GBP was all chill with a 0.16% tick up, while USD/EUR was kinda meh with a tiny 0.02% dip. 🤷♂️
But hey, let’s not forget the JOLTS job openings went live at the same time and those stats were like, yaaas, beating estimates too. Def played a role in dollar's upbeat mood.💸 Before this show, Fed head Powell had a chat with a bit of a hawk mood, saying tariffs be making inflation go brrr – low-key not down for easing policy. 📈
