ISM: U.S. Manufacturing Activity Dips to Lowest Level in 2024

November 4, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Manufacturing activity in the U.S. reached its lowest level in 2024, according to a survey report by the Institute for Supply Management (ISM), as demand continues to take a hit. Still, Industrial Info's Global Market Intelligence (GMI) Project Database shows strong manufacturing project activity.

Despite any headwinds affecting U.S. manufacturing activity and related capital investments, Industrial Info is tracking more than $400 billion worth of U.S. Industrial Manufacturing Industry projects under construction.