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Import prices increased 1.3% from the prior month, Labor Department data showed March 25, boosted in part by higher prices for petroleum and natural gas.

The Institute for Supply Management’s gauge of prices paid for manufacturing inputs jumped 11.5 points to 70.5, the highest level since overall inflation peaked nearly four years ago.

U.S. factory output increased by the most since early last year in the wake of firmer-than-expected equipment orders at the end of 2025, adding to evidence of newfound momentum for manufacturers.

The Institute for Supply Management’s manufacturing index eased half a point to 48.2, according to data released Dec. 1. The measure has been below 50 for nine straight months.

A gauge of present conditions increased to an eight-month high. The group’s measure of expectations for the next six months edged to an almost three-year high.

U.S. manufacturing activity shrank in September for a sixth month, reflecting weak orders and declining employment.

The U.S. trade deficit widened in July by less than forecast, reflecting an increase in exports of cars and services.

Production at U.S. factories fell in March for the first time this year as companies show signs of ratcheting back investment plans.

U.S. business activity steadied in February as the service sector regained its footing, suggesting a resilient economy that is keeping some pricing power intact.

A U.S. services gauge unexpectedly shrank at the end of 2022, with steep declines in measures of business activity and orders that, if sustained, risk heightening concerns about the demand outlook.