US ISM Manufacturing PMI (Jan) 52.6 vs. Exp. 48.5 (Prev. 47.9, Low. 47.9, High. 49.9)

The US ISM Manufacturing PMI for January came in at 52.6, significantly above consensus expectations of 48.5 and indicative of expansion in the manufacturing sector.

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US ISM Manufacturing PMI (Jan) 52.6 vs. Exp. 48.5 (Prev. 47.9, Low. 47.9, High. 49.9)

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This stronger-than-expected data not only breaks the previous trend of contraction but also suggests potential upside risks for growth, which may influence future monetary policy decisions by the Fed.

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