ISM Manufacturing PMI Oct: Results, market reaction, and key takeaway
October ISM Manufacturing PMI rose to 55.5 from 54.5 in September, extending expansion to ten consecutive months. Production increased to 59.0 and new orders to 55.5; prices eased to 75.2 from 77.9.
📊 Results
Actual Reading
💡 Key Takeaway
Factory activity strengthened while price pressure eased but remained elevated. Reported memory and electronic-component shortages remain relevant constraints for AI infrastructure; the aggregate survey does not isolate AI demand.
📖 Why This Matters
October factory activity and input prices test demand for AI-linked industrial investment after the Fed meeting.
ISM Manufacturing PMI Oct actual vs expected
| Release date | Monday, November 2, 2026 at 10:00 ET |
|---|---|
| Event type | ISM |
| Actual | 55.5index |
| Prior | 54.5index |
📚 Related calendar tools and guides
🔗 Related Events
ISM Manufacturing PMI Feb
Expansion held — PMI 52.4 (vs 52.6 prior). Second straight month above 50 but only the third time in 40 months. Factory gate inflation surged on tariff costs.
ISM Services PMI Feb
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ISM Manufacturing PMI Mar
Manufacturing improved to 52.7 in March from 52.4, beating the 52.0 consensus and marking the best reading since August 2022. Activity stayed in expansion, but supplier delays and tariff-related costs kept the inflation angle alive.