Inside Supply Management Magazine
May/June 2022
Articles
April 2022 ISM® Report On Business®: Manufacturing
May 01, 2022
Manufacturing grew in April, as the Manufacturing PMI® registered 55.4 percent, 1.7 percentage points lower than the March reading of 57.1 percent. The 55.4-percent reading is the same as in August and September 2020 and the lowest since July 2020, when the composite index registered 53.9 percent. The Manufacturing PMI® continued to indicate solid sector expansion and U.S. economic growth in April. All five subindexes that directly factor into the Manufacturing PMI® were in growth territory.
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