Manufacturing PMI came in at 52.4%, marking a second straight month above 50.


Above 50 = expansion. Below 50 = contraction.
New Orders: 55.8%
Backlogs: 56.6% (highest since May 2022)
Customer Inventories: 38.8% (low, supportive for production)
Prices Index: 70.5% (highest since June 2022)
Demand is strengthening after a long period of contraction in 2025.
The economy is expanding, input costs are rising, consumer inflation is still easing.
Altcoins are responding.
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