- March ISM Manufacturing Index: 64.7 vs. 61.3 expected, and up from 60.8 previously.
- New Orders rose to 68.0 from 64.8; Production to 68.1 from 63.2.
- Employment rose to 59.6 from 54.4; Supplier Deliveries to 76.6 from 72.0; Backlogs to 67.5 from 64.0.
- Prices edged down to 85.6 from 86.0.
- ISM's Timothy Fiore: "Companies and suppliers continue to struggle to meet increasing rates of demand due to coronavirus impacts limiting availability of parts and materials. Extended lead times, wide-scale shortages of critical basic materials, rising commodities prices and difficulties in transporting products are affecting all segments of the manufacturing economy."
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Thursday, April 1, 2021
ISM Manufacturing tops estimates, rising to 64.7 in March
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