US Manufacturing PMI at 49%; June 2025 Manufacturing ISM Report On Business | Crypto Craft

  • US Manufacturing PMI at 49%; June 2025 Manufacturing ISM Report On Business

    From prnewswire.com

    Economic activity in the manufacturing sector contracted in June for the fourth consecutive month, following a two-month expansion preceded by 26 straight months of contraction, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued today by Susan Spence, MBA, Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee: "The Manufacturing PMI® registered 49 percent in June, a 0.5-percentage point increase compared to the 48.5 percent recorded in May. The overall economy continued in expansion for the 62nd month after one ... (full story)

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ffghost
Jul 1, 2025 9:42am
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Quoting Ojiego
{quote} PMI under 50 is a recession signal....
Apparently not in recent history....

PMI has been under 50 every reading but 3 since Dec 2022. 2 of the above 50 readings happened in 2025.
Reply
ffghost
Jul 1, 2025 9:44am
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Quoting Osetrader
Market seems bearish , but the news is giving bullish vibes
Stalling a little at all time highs isn't really bearish, is it? To be sure, a continuation and blast through these levels would be more bullish, but give the market a break: it has climbed 30% in under 3 months. Let it catch it's breath
Reply
ffghost
Jul 1, 2025 10:55am
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Quoting Vancarbon
{quote} Reminds me of the film Backdraft . It's a living thing, Brian. It breathes, it eats, and it hates. The only way to beat it is to think like it. Until it catches its last breath
That movie foreshadowed it all, didn't it?

"And what about the world? Ronald [Donald], what would you like to do to the whole world?" "Burn it all.".
Reply
Ojiego
Jul 1, 2025 12:22pm
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Quoting Trader#E14A
{quote} TDS is showing idiot, overall todays print among other news strengthens DXY
Oh really!?! ..... give me a TACO for redemption then! Halfwits alover this forum!!
Reply
Trader#CF11
Jul 1, 2025 10:13am
Permalink
Quoting ffghost
{quote} Stalling a little at all time highs isn't really bearish, is it? To be sure, a continuation and blast through these levels would be more bullish, but give the market a break: it has climbed 30% in under 3 months. Let it catch it's breath
Correct, it’s extremely bullish actually. Overbought condition are addressed by price or time. Chopping sideways is bullish. Only way this stock market goes down is a big negative surprise. Without that we chop sideways or go higher, that’s the default case. As the last 20 years has shown over and over.
Reply
Ojiego
Jul 1, 2025 9:36am
Permalink
Quoting Osetrader
Market seems bearish , but the news is giving bullish vibes
PMI under 50 is a recession signal....
Reply
Trader#E14A
Jul 1, 2025 9:40am
Permalink
Quoting Ojiego
{quote} PMI under 50 is a recession signal....
TDS is showing idiot, overall todays print among other news strengthens DXY
Reply
Osetrader
Jul 1, 2025 9:09am
Permalink
Market seems bearish , but the news is giving bullish vibes
Reply
Trader#1A0C
Jul 1, 2025 9:41am
Permalink
News are full of it !!!
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