The U.S. manufacturing economy showed unexpected growth in January, with the PMI rising to 52.6 from 47.9 in December. Economists had predicted a reading of 48.9, making this news better than expected. A reading above 50 indicates growth, breaking a 10-month streak of declines. In January 2025, the reading was 50.9, the first positive reading in 26 months after revisions by ISM.

Read more at Barron’s: U.S. Manufacturing Activity Expanded in January