global-economy
US Manufacturing PMI at 54.6: Why Costs Refuse to Fall Despite Slowing New Orders
The US manufacturing PMI for August stood at 54.6, remaining above the threshold of 50 to continue its expansion phase, though down from July. The new orders index fell to 53.7, indicating that while demand is still growing, the pace of growth is slowing. The prices paid index stayed high at 71.1, matching July's level and showing that manufacturers' cost pressures are not easily easing. Tariffs, energy prices, electronic component supply issues, and labor costs are acting simultaneously, creating a pattern of slowing orders coupled with rising costs. Korean companies need to examine changes in US orders, tariff structures, inventory replenishment demand, and local cost shifts on a category-by-category basis.
The US manufacturing PMI for August stood at 54.6, remaining above the threshold of 50 to continue its expansion phase, though down from July. The new orders index fell to 53.7, indicating that while demand is still growing, the pace of growth is slowing. The prices paid index stayed high at 71.1, matching July's level and showing that manufacturers' cost pressures are not easily easing. Tariffs, energy prices, electronic component supply issues, and labor costs are acting simultaneously, creating a pattern of slowing orders coupled with rising costs. Korean companies need to examine changes in US orders, tariff structures, inventory replenishment demand, and local cost shifts on a category-by-category basis.
US Manufacturing PMI at 54.6: Why Costs Refuse to Fall Despite Slowing New Orders American manufacturing continues to expand, but a closer look reveals signals slightly different from before.…
KBR Access
Global Radar content is available to Standard members and above
This content is available to Standard members and above. Standard unlocks general membership content including Insight 4.0, Policy Insight, and Global Radar.
FREE ACCOUNT · NO CARD REQUIRED
Create a free KBR account
Creating a KBR account is free and takes about a minute — no card required. You'll come straight back to this page once you're done.
KBR NEWSLETTER
Sign up for free and get the KBR Newsletter!
Sign up and opt in to the newsletter to receive KBR's curated business and economic insights by email.
RELATED CONTENT
Related Content
Amazon's Zoox Opens the Door to Commercial Robotaxis: The Next Competition After Driverless Driving Is Profitability
StandardThe Fed Raised the Benchmark Rate to 3.75–4.00%: Three Costs South Korean Companies Should Check Before the Exchange Rate
StandardHow the EU Right to Repair is Reshaping Post-Sale Competition: Exporters Must Redesign Parts and Services From the Ground Up
StandardWhy Shipping Giant Maersk Teamed Up with a Delivery Platform: The Connection Strategy for North American E-Commerce Logistics
StandardThe Opportunities Revealed by IKEA's Expanded Used Furniture Take-Back: Where Profitability is Decided in the Resale Business
