Vereinigte Staaten von Amerika Unternehmensvertrauen

The ISM Manufacturing PMI for the U.S. slipped to 48.7 in April 2025 from 49.0 in March, slightly above market expectations of 48. The reading signaled a second consecutive month of contraction in the manufacturing sector as output shrank more sharply (44.0 vs. 48.3) and prices rose further (69.8 vs. 69.4). Meanwhile, new orders declined at a slower pace (47.2 vs. 45.2), though new export orders fell more steeply amid ongoing tariff-related disruptions. Meanwhile, the rate of job losses moderated slightly (46.5 vs. 44.7). The ISM survey also revealed U.S. manufacturers were grappling with rising costs and margin pressure, while ongoing trade uncertainty was disrupting supply chains, causing shipping delays, complex duties, and frequent changes in cost structures. At the same time, they said customer demand was becoming more volatile, with some clients delaying orders or pushing tariff costs back onto manufacturers.