Laserfiche WebLink
Source: Institute for Supply Management Source: Federal Reserve <br />Manufacturing <br />The Institute for Supply Management (ISM)manufacturingindex rose to 47.1 in April from 46.3 in March.This is the sixth consecutive month of <br />readings below 50.0,which is indicative of contraction in the manufacturing sector.All components improved, including the headline, new <br />orders,employment,and prices.Industrial production rose 0.5%in April due to increases in manufacturing and mining.This equates to a <br />0.24%increase in industrial production from the prioryear.Capacity utilization increased to 79.7%in April from a downwardly revised 79.4%in <br />March, inching above its 1972-2021 average of 79.6%. <br />40 <br />42 <br />44 <br />46 <br />48 <br />50 <br />52 <br />54 <br />56 <br />58 <br />60 <br />62 <br />64 <br />66 <br />Institute of Supply Management Purchasing Manager Index <br />EXPANDING <br />CONTRACTING <br />-10.0% <br />-5.0% <br />0.0% <br />5.0% <br />10.0% <br />15.0% <br />20.0% <br />Industrial Production <br />YOY( %) Change9