FX.co ★ US Manufacturing Growth Accelerates Sharply in September

The S&P Global US Manufacturing PMI rose sharply to 57.0 in September 2026 from 53.9 in August, significantly exceeding market expectations of 53.6, according to the flash estimate. This reading signaled the strongest improvement in manufacturing business conditions since May 2022, with all five index components contributing to the gain. Production growth rebounded after three months of weakening, reaching its fastest pace since April 2022, and new orders accelerated to their strongest rate in nearly four and a half years. Employment growth climbed to its highest level since February 2021, while inventories also expanded at a quicker pace. At the same time, supplier delivery times lengthened to the greatest extent since July 2022.