April 2021 Manufacturing ISM Report On Business Reports All 18 Manufacturing Industries Reported Growth in April

By Steve Clouther

Category:
Industry Trends

The Manufacturing ISM Report On Business is published monthly by the Institute for Supply Management April 2021 Manufacturing ISMManufacturing (ISM), the largest supply management organization in the world, as well as one of the most respected.  Economic activity in the manufacturing sector grew in April, with the overall economy notching an 11th consecutive month of growth, say the nation's supply executives in the latest Manufacturing ISM Report On Business.

Manufacturing grew in April, as the Manufacturing PMI registered 60.7 percent, 4 percentage points lower than the March reading of 64.7 percent. Although the Manufacturing PMI has cooled compared to March, it remains at historically high levels.

Manufacturing grew in April, as the Manufacturing PMI registered 60.7 percent, 4 percentage points lower than the March reading of 64.7 percent. Although the Manufacturing PMI has cooled compared to March, it remains at historically high levels.

The Production Index registered 62.5 percent in April, 5.6 percentage points lower than the March reading of 68.1 percent, indicating growth for the 11th consecutive month.

ISM’s Employment Index registered 55.1 percent in April, 4.5 percentage points lower than the March reading of 59.6 percent, indicating the Employment Index grew for the fifth month in a row.

The delivery performance of suppliers to manufacturing organizations was slower in April, as the Supplier Deliveries Index registered 75 percent. This is 1.6 percentage points lower than the 76.6 percent reported in March.

The Inventories Index registered 46.5 percent in April, 4.3 percentage points lower than the 50.8 percent reported for March. The Inventories Index moved back into contractionary territory after expanding for one month.

ISM’s Backlog of Orders Index registered 68.2 percent in April, a 0.7-percentage point increase compared to the 67.5 percent reported in March, indicating order backlogs expanded for the 10th straight month.

All 18 manufacturing industries reported growth in April, in the following order: Electrical Equipment, Appliances & Components; Textile Mills; Furniture & Related Products; Machinery; Fabricated Metal Products; Primary Metals; Miscellaneous Manufacturing; Chemical Products; Plastics & Rubber Products; Food, Beverage & Tobacco Products; Computer & Electronic Products; Nonmetallic Mineral Products; Apparel, Leather & Allied Products; Transportation Equipment; Paper Products; Petroleum & Coal Products; Printing & Related Support Activities; and Wood Products.

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