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The Daily Verified Briefing

Markets

US manufacturing expands in May, ISM index hits 54

Published 1 June 2026

U.S. manufacturing activity expanded in May at its fastest pace in four years, according to data released Monday by the Institute for Supply Management. The group's closely watched manufacturing index rose to 54, marking the highest reading since early 2023 and signaling a broad-based acceleration in the factory sector...

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