US Economy: Manufacturing Activity Expands for First Time Since 2022

The transcript discusses a positive ISM report indicating an improved manufacturing outlook with new orders and production rising. Employment is strong, suggesting potential good news ahead. However, prices paid have increased, drawing attention from the Fed. Inventories have decreased, implying future strength. The impact of tariffs remains uncertain, affecting market stability. Export orders have risen, but potential tariffs from Canada and Mexico could alter this trend, adding to market uncertainty.

What potential impact do tariffs have on manufacturing and orders?

Why is there uncertainty affecting the markets despite good numbers?