09:59 AM EDT, 08/01/2025 (MT Newswires) -- The S&P Global US manufacturing index for July was revised upwards to 49.8 from the flash reading of 49.5, above expectations for a smaller upward revision to 49.7 reading in a survey compiled by Bloomberg as of 7:25 am ET.

The July index stands below the 52.9 reading in June and indicates contraction after six straight months of growth.

The index is in line with the Richmond Fed and Chicago PM indexes already released but in contrast with other regional manufacturing indexes that have indicated expansion.

S&P global noted that output rose modestly and demand softened. Tariff uncertainty continued to dominate the manufacturing sector.