According to The Kobeissi Letter, the ISM Manufacturing PMI index decreased by 1.3 points in March 2025, reaching 49.0 and indicating a return to contraction after two months of expansion. The employment index also dropped significantly by 2.9 points, hitting 44.7, the lowest since September 2024. This decline suggests potential impacts on the cryptocurrency market, as manufacturing slowdowns can influence investor confidence and trading volumes.

According to The Kobeissi Letter, the ISM Manufacturing PMI fell by -0.5 points to 50.3 in February, missing expectations of 50.9. A significant decline in new orders by -6.5 points to 48.6, entering contraction territory, underscores a bleak outlook for the manufacturing sector. The employment index also decreased, hinting at potential stagflation risks.

According to The Kobeissi Letter, the ISM Manufacturing PMI fell by -0.5 points to 50.3 in February, below the expected 50.9. New orders significantly decreased by -6.5 points to 48.6, entering contraction territory and indicating a bleak outlook for the manufacturing sector. The employment index also declined, suggesting potential stagflation concerns.