- The Institute for Supply Management’s Manufacturing Purchasing Managers’ Index fell to 60.6 in June, a drop of 0.6 points over the 61.2 percent result in May.
- Among the key components of the Institute for Supply Management’s most recent survey, the New Orders Index came in at 66.0 percent, down 1.0 percentage point from 67.0 percent in May.
- The Production Index registered a 60.8 percent result in June, up from 58.5 percent in May. The index has been above 60 for 11 of the last 12 months.
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Manufacturing Sector Sees Strong Demand But Struggles With Labor And Materials Shortages And Rising Input Prices