États-Unis Confiance Des Entreprises

The ISM Manufacturing PMI fell to 49 in March 2025 from 50.3 in February, below forecasts of 49.5. The reading pointed to the first contraction in factory activity in three months, after expanding only marginally in February. New orders (45.2 vs 48.6), backlog of orders (44.5 vs 46.8) and employment (44.7 vs 47.6) contracted faster and production also declined (48.3 vs 50.7) while price pressures soared to the highest since June 2022 (69.4 vs 62.4). Meanwhile, inventories rebounded (53.4 vs 49.9) and supplier deliveries (53.5 vs 54.5) indicated a continued slowing of deliveries. “Demand and production retreated and destaffing continued, as panelists’ companies responded to demand confusion. Prices growth accelerated due to tariffs, causing new order placement backlogs, supplier delivery slowdowns and manufacturing inventory growth", Timothy Fiore, Chair of the ISM Manufacturing Business Survey Committee said.