In June, US manufacturing output and orders further improved.

Chris Williamson, Chief Business Economist at S&P, commented on the final value of the S&P Global Manufacturing PMI for June in the United States: "According to the data, the US manufacturing sector reported significant improvements in output and orders in June, continuing the growth momentum seen since the outbreak of the Middle East conflict. However, due to businesses trying to offset the impact of rising energy and raw material costs, employment numbers saw a significant decrease. Although the easing of supply chain delays and price pressures due to the positive news from the Middle East have been mentioned, these issues are still widely discussed. However, despite recent declines in energy prices and positive prospects for shipping, business confidence has plummeted significantly; this reflects concerns that, as inventory accumulation activities related to the war come to an end, sales may be affected as a result."