In this exclusive Manufacturing Talk Radio interview, hosts Lewis Weiss and Amy Nicklaus sit down with ISM Manufacturing PMI Chair Susan Spence to discuss the latest ISM Manufacturing Report released June 1, 2026. The group break down the key data points impacting the global supply chain and what the effects of that might mean. To shed light on the report’s crucial findings, we speak with Susan Spence, a preeminent authority within manufacturing. Key Insights Reviewed In The Latest Report Demand and New Orders Production Trends Supply Chain Dynamics Challenges Facing the Manufacturing Sector Tariff Impacts Labor Market Constraints Global Economic Uncertainty Learn more about your ad choices. Visit megaphone.fm/adchoices

BREAKING: June ISM Manufacturing PMI  

Manufacturing Talk Radio

# Full Transcript

**Podcast:** Manufacturing Talk Radio

## Transcript

Welcome to Manufacturing Talk Radio, your everything manufacturing podcast with host and veteran manufacturing industry expert, Louis Weiss and co-host, Amy Niklas. Make sure to check out our catalog of 800 previous shows on YouTube, Spotify or wherever you're listening. Now, let's get into the episode.

G'day everyone. This is Lou Weiss with Manufacturing Talk Radio with my co-host, Amy Niklas. Hi. Hi, Amy. G'day. And we're here with Susan Spence as the co-chair, I'm sorry, the chair of ISM Manufacturing. Welcome. Thank you. Happy to be here. And thanks for coming back. Okay.

We have the report for June and we're going to get right to that. But first, I'd like you to give a 30 second explanation about the 19 since 1931 you've been sending out these reports for people so that you can create a report. So tell us just a little bit about that. Since 1931 someone, not me, I was not even born for 30 more years.

Yeah, the report has been out, I think, since the Hoover administration and my understanding of the history. Yes, yes. The president wanted some indication of the economic health of the country in the middle of the depression or something like that. So really interesting history over 80 years.

And what happens is once a month the ISM organization sends out a survey to hundreds of manufacturing sector panelists in 18 sectors of the US economy. And these folks take a survey, answer questions about what's going on with employment and prices and production and exports and orders and backlog relative to the month before.

And then twice a year they give a forecast of what they think is going to happen in the next year so that we can have a little bit of a longer view. So it's really fascinating. And these panelists also can enter comments about what's going on. So we certainly have numbers and formulas where we will give the index as a result.

As interesting as that is to look at the sentiment of what people are feeling about each of those areas. Being that you mentioned about the semiannual forecast, which we had only about six days ago. So for the balance of 2026, it looks really like it's going to go great guns in spite of a lot of uncertainty and all of that stuff.

But also to pat ourselves a little bit on the back, we had 250,000 people that listened to your show. You and Steve. Steve Miller. Yeah. Well, we're really happy about that. And, you know, this isn't a place for a personal opinion of mine or Steve's other than when we sat in the chair. Is this what we would have thought? Or is this how we would have reacted? But these are people that really do know what's going on.

And what's nice is when you can see a pattern across multiple, multiple industries that have maybe nothing to do with each other. And we certainly saw that around tariff chaos last year and the inability to hire because there was such unknown about what was going to happen to prices if these tari...

BREAKING: June ISM Manufacturing PMI

Transcript

Built for investment professionals

Every day you wait, your competitors are finding
edge in conversations you're not hearing.

BREAKING: June ISM Manufacturing PMI

Transcript

Built for investment professionals

Every day you wait, your competitors are findingedge in conversations you're not hearing.

Every day you wait, your competitors are finding
edge in conversations you're not hearing.