- July PMI Manufacturing Index: 63.4, vs. 63.1 consensus, 62.1 prior.
- Sharper expansions in output, new orders and employment.
- Cost pressures spike amid record shortages and efforts to build stocks.
- Backlogs rise at near-record pace amid capacity.
- “July saw manufacturers and their suppliers once again struggle to meet booming demand, leading to a further record jump in both raw material and finished goods prices," said Chris Williamson, Chief Business Economist.
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Monday, August 2, 2021
June PMI at 63.4, ticks up to record high
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