Ultima Markets[Market Hotspot] US Manufacturing Data Improves, but Stops...

9monthISMThe Manufacturing Purchasing Managers' Index has increased since last month's47.6Ascend to49Much higher than market expectations47.8，反映出美国制造业十个月来最慢的收缩。尽管经济放缓有所改善，但数据仍显示美国工厂活动连续近一年出现环比收缩，凸显了美联储借贷成本上升对该行业的影响。

尽管新订单连续第13 个月下降，但随着不断变化的供应链环境促使客户承担更多工程(制程)，新订单下降速度明显放缓，产量从8 月的停滞中反弹，并创下2022year7The largest increase since the beginning of the month.

(ISM制造业采购经理人指数，Institute for Supply Management)

S&P (S&P Global) 机构同日公布的 9 Monthly Manufacturing Purchasing Managers IndexPMIUpgraded to49.8，超过初值48.9，也超过8Month end value47.9。最新数据显示该行业的健康状况已连续第五个月出现收缩，尽管只是小幅收缩。产量小幅成长，但这是自5月以来增速最快的。

相较之下，就业方面依然温和，新订单连续第五个月持续下降，反映出高利率和通胀对消费需求的影响。在价格方面，投入成本和产出费用都在加速成长，尽管通胀率远低于过去三年的水平。此外，商业信心达到2022year4The highest level since the beginning of the month.

(Manufacturing Purchasing Managers IndexPMI，S&P Global)

因此综合上述，尽管调查数据整体上有所改善，但制造业报告显示生产继续放缓而价格重新加速走高，所呈现象即是“停滞性通胀”。

Disclaimers

The comments, news, research, analysis, pricing, and other information contained in this article can only be considered as general market information and are provided solely to assist readers in understanding the market situation and do not constitute investment advice.Ultima MarketsReasonable measures have been taken to ensure the accuracy of the data, but the accuracy of the data cannot be guaranteed and can be changed at any time without notice.UltimaMarketsWe will not be responsible for any losses or losses (including but not limited to any loss of profits) that may arise from the direct or indirect use or reliance on such information.