Prior was 49.9
Prices paid: 67.5 vs. 68.7 prior
New orders: 51.3 vs. 46.7 prior –
Employment: 47.2 vs 50.7 prior
Business activity: 54.2 vs. 50.0 prior
Supplier deliveries: 50.3 vs. 52.5 prior
Inventories: 52.7 vs. 49.7 prior
Backlog of orders: 42.4 vs. 43.4 prior
New export orders: 51.1 vs. 48.5 prior
Imports: 51.7 vs. 48.2 prior
Inventory sentiment: 57.1 vs. 62.9 prior

Comments in the report:

“Restaurant sales and traffic remain flat to prior year. Staffing is
adequate for our current needs, and no supply chain concerns this
month.” [Accommodation & Food Services]
“Increased cost from tariffs and the potential for tariffs is
impacting cost increases. Higher cost of high-dollar items like
150-horsepower farm tractors are forcing farmers to delay purchasing or
purchase used equipment. Tension in the Middle East is creating great
concern and uncertainty.” [Agriculture, Forestry, Fishing & Hunting]
“Sales remain stubbornly slow due to affordability issues with
higher mortgage rates and high property values. Residential construction
has embarked on cost-cutting measures through value engineering,
supplier margin reductions and layoffs.” [Construction]
“Prices have gone up from tariff recovery fees — separate line items
— but the supply chain, deliveries and inventories have remained mostly
stable after the initial disruption. Costs continue to increase across
the board, so our goal is to mitigate that.” [Health Care & Social
Assistance]
“General uncertainty around the economy continues to drive increases
in prices. Also, lots of SaaS (software-as-a-service) vendors are using
the AI (artificial intelligence) boom to restructure pricing and
products, resulting in massive increases.” [Information]
“After several slow months, business is starting to increase. New requests are going out to suppliers.” [Other Services]
“Confidence in a predictable economic environment has eroded to a
point where capital investments are being severely curtailed.”
[Professional, Scientific & Technical Services]
“Business growth is slow. Global economic conditions impacted by
U.S. tariffs are creating significant uncertainty, which is holding
businesses back from making short- to medium-term business decisions.”
[Real Estate, Rental & Leasing]
“Lead times are extending in the past month or two. Seeing
high-single- or low-double-digit percent increases in pricing on metals
related to commodity hardware and products.” [Utilities]
“Business seems to be picking up. Many of the macroeconomic factors
that were concerning look to be playing out in our favor. High interest
rates are still a problem. Supplies are ample for current business
levels.” [Wholesale Trade]