Strong Demand, Labor and Materials Shortages, and Rising Input Prices Continued for Manufacturing Sector – Robert Hughes (06/02/2021)
The Institute for Supply Management’s Manufacturing Purchasing Managers’ Index rose to 61.2 in May, a rise of 0.5 points over the 60.7 percent result in April. May is the 12th consecutive reading above the neutral 50 threshold and fourth consecutive month above 60 (see top of first chart). Over the past 12 months, the Purchasing…
Source: https://wallstreetwindow.com/2021/06/strong-demand-labor-and-materials-shortages-and-rising-input-prices-continued-for-manufacturing-sector-robert-hughes-06-02-2021/
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