Latest Industry Trends News
US Manufacturing PMI Expands After 12 Months of Contraction
In January 2026, the ISM Manufacturing PMI rose to 52.6%, marking expansion for the first time in 12 months after 26 months of contraction. This 4.7-point increase from December signals renewed activity among supply executives.
The trend indicates potential stabilization in industrial output.
Fiserv Small Business Index Dips Slightly in January
The Fiserv Small Business Index stood at 142.6 in January, up 0.7% year-over-year but down 0.5% month-over-month. Sectors like Administrative Services grew 1.1% due to storm-related needs, while Tax Preparation surged 5.6%.
Professional Services held steady at 5.1% annual growth despite a minor dip.
Global Light Vehicle Sales Decline Sharply
Global light vehicle selling rate fell to 81 million units annually, down 2% year-over-year, driven by China's passenger vehicle market contraction. Total sales reached 6.6 million units amid regional weaknesses.
This reflects ongoing challenges in the automotive sector.
US New-Vehicle Sales Projected to Drop 3.8% in February
JD Power and GlobalData forecast February 2026 new-vehicle sales at 1,183,000 units, a 3.8% decrease year-over-year. The projection includes both retail and non-retail transactions.
Automotive industry faces continued softening demand.
Trump Imposes New 10% Global Tariffs
US President Trump enacted 10% global tariffs after the Supreme Court blocked prior import duties. Tariffs persist on steel and aluminum, heightening business uncertainty.
Canadian firms seek recoveries on paid tariffs amid trade tensions.
Canada's PM Carney Launches Three-Country Trade Mission
Prime Minister Mark Carney started a trade mission to India, Australia, and Japan. The move addresses global trade disruptions from US tariffs.
It aims to bolster Canadian business amid shifting international dynamics.
Upcoming PMIs to Gauge Global Economic Momentum
Key PMIs this week include China, US ISM manufacturing/services, Canada S&P, and others tracking Q1 growth. US vehicle sales expected for mild rebound; ISM readings will cover orders, pricing, and hiring.
These indicators will inform industry trends.
Australia Q4 GDP Expected to Show Strong Growth
Australia's Q4 GDP anticipates robust expansion led by private demand, consumption, and investment. A stronger print could influence RBA rate hike pricing for April.
This supports positive trends in Asia-Pacific economies.
Small Business Owners Optimistic on Sales and Inventory
Net percent of owners expecting higher sales rose to 16%, up six points; inventory gains hit net 3%, highest since January 2023. However, price hikes remain elevated at net 26%, above historical average.
Forward plans show 32% intending price increases.
Mutual Bank Conversions Advance in US Pipeline
Four mutual bank conversions in pipeline as of Feb. 25; Columbia Financial announced second-stage conversion and acquisition. Rhinebeck Bancorp also progressed to second-stage with Dec. 31, 2024 Tier 1 date.
Sector sees branching opportunities into 2027.
Brazil Q4 Growth Weakens, Boosting Rate Cut Case
Brazil's Q4 GDP expected weak, strengthening arguments for 50bps central bank cut in March. Inflation readings from multiple countries this week, including Chile's soft print supporting cuts.
Emerging markets adjust to moderating growth.