Economic activity in the US manufacturing sector grew in July, with the overall economy notching a 14th consecutive month of growth, according to the latest Manufacturing ISM Report On Business.
The July Manufacturing PMI registered 59.5 percent, a decrease of 1.1 percentage points from the June reading of 60.6 percent. This figure indicates expansion in the overall economy for the 14th month in a row after contraction in April 2020. Index breakdown:
| Index | July level | June level |
| New Orders | 64.9 | 66 |
| Production | 58.4 | 60.8 |
| Backlog of Orders | 65 | 64.5 |
| Employment | 52.9 | 49.9 |
| Supplier Deliveries | 72.5 | 75.1 |
| Inventories | 48.9 | 51.1 |
| Prices | 85.7 | 92.1 |
| New Export Orders | 55.7 | 56.2 |
| Imports | 53.7 | 61 |
Seventeen of 18 manufacturing industries reported growth in July, in the following order: furniture and related products; printing and related support activities; apparel, leather and allied products; miscellaneous manufacturing; computer and electronic products; nonmetallic mineral products; machinery; fabricated metal products; paper products; chemical products; food, beverage and tobacco products; primary metals; plastics and rubber products; transportation equipment; electrical equipment, appliances and components; wood products; and petroleum and coal products. The only industry reporting a decrease in July compared to June was textile mills.