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December 2025 US Manufacturing Business Outlook Survey
Manufacturing activity appeared weak this month, according to the firms responding to the December Manufacturing Business Outlook Survey. The survey’s indicator for current general activity fell and remained negative for the third consecutive month. Meanwhile, the new orders and shipments indexes both returned to positive territory after turning negative last month. The employment index rose and continued to reflect overall increases in employment. Both price indexes remained elevated but moved in opposite directions. Most of the survey’s future indicators softened but continued to suggest widespread expectations ... (full story)