Institute for Supply Management

Generac Power Systems is investing $250 million to expand production of industrial power systems for AI data centers, with a $1.6 billion backlog and plans to add about 1,000 workers. Analysts project…

U.S. manufacturing activity hit a four-year high in July as the Institute for Supply Management's Manufacturing PMI climbed to 55.6%, up 2.3 percentage points from June's 53.3%, driven by surging AI i…

US manufacturing activity hit a four-year high in July, with the Institute for Supply Management's manufacturing gauge jumping to 55.6, its fastest pace since May 2022, driven largely by massive AI in…