American manufacturing activity picked up in June, according to a pair of closely watched industry surveys, but the outlook remains clouded by tariff pressures, labor constraints, and uneven demand.
The S&P Global U.S. Manufacturing Purchasing Managers’ Index climbed to 52.9, its highest level in more than three years. The report showed output growing solidly for the first time since February, driven by rising orders from both domestic and export markets, while employment rose at the fastest pace since September 2022.
“June saw a welcome return to growth for U.S. manufacturing production after three months of decline, with higher workloads…
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