Manufacturing expanded January 2026 first time in 12 months

Manufacturing expanded January 2026 according to the Institute for Supply Management (ISM). In its Manufacturing PMI January 2026 Report it says economic activity in the manufacturing sector expanded in January for the first time in twelve months, preceded by twenty-six months of contraction, say the nation’s supply executives in the latest ISM Manufacturing PMI Report.
The Manufacturing PMI registered 52.6 percent in January, a 4.7 percentage point increase compared to the seasonally adjusted reading of 47.9 percent in December. The overall economy continued in expansion for the fifteenth month. (A Manufacturing PMI above 47.5 percent, over a period of time, generally indicates an expansion of the overall economy.) The New Orders Index expanded for the first time since last August, with a reading of 57.1 percent, its highest since February 2022. The January reading of the Production Index (55.9 percent) is 5.2 percentage points higher than December’s seasonally adjusted 50.7 and the highest since February 2022.”
Spence continues, “ In January, US manufacturing activity returned to expansion territory with improvements in all five subindexes that make up the PMI (New Orders, Production, Employment, Supplier Deliveries, and Inventories), though the employment and Inventories indexes still remain in contraction.”
Regarding output, the Production Index is in expansion for the third month in a row, and the Employment Index, though still in contraction, saw a 3.3 percentage point improvement.
Finally, inputs (defined as supplier deliveries, prices and imports) were mixed, with the Supplier Deliveries Index indicating slower deliveries, the Inventories Index remaining in contraction and the Prices Index continuing to rise.”
Real GDP increased at an annual rate of 4.4 percent in the third quarter of 2025, according to the third and final estimate provided by the US Bureau of Economic Analysis (BEA)

US raw steel production down from previous week

In the week ending January 31, 2026, US raw steel production was 1,758,000 net tons at an ACUR of 76.0 percent, down 1.1 percent from the previous week ending January 24, 2026.
Adjusted YTD production through January 31, 2026 was 7,774,000 net tons at an ACUR of 76.0 percent.

US drill rigs running up from previous week

There were 546 drill rigs running in the US last week, up two rigs from the previous week ending January 23. This is down 36 rigs from one year ago. Canadian drillers added one rig, to 232, down 26 rigs from one year ago.

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MAKE AMERICA GREAT AGAIN

“KEEP AMERICA GREAT”

Have a great weekend…. God bless America!

Buy American made products whenever you can, it’s good for you, good for your friends and neighbors and good for our country.

If you are hiring…try to hire a veteran…. they are loyal, disciplined, hardworking…and they deserve our support.

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TEDDY ROOSEVELT ON IMMIGRANTS IN AMERICA…1907

In the first place, we should insist that if the immigrant who comes here in good faith becomes an American and assimilates himself to us, he shall be treated on an exact equality with everyone else for it is an outrage to discriminate against any such man because of creed, or birthplace, or origin. But this is predicated upon the person’s becoming in every facet an American and nothing but an American. There can be no divided allegiance here. Any man who says he is an American, but something else also, isn’t an American at all. We have room for but one flag, the American flag…We have room for but one language here and that is the English language…and we have room for but one sole loyalty and that is a loyalty to the American people.”