ISM issues positive report on U.S. manufacturing

Economic activity in the manufacturing sector expanded in April for the 33rd consecutive month, as the overall economy grew for the 35th consecutive month

By ·

Economic activity in the manufacturing sector expanded in April for the 33rd consecutive month, as the overall economy grew for the 35th consecutive month.

According to the latest monthly report issued by the Institute of Supply Management (ISM), the Manufacturing ISM Report On Business is based on data provided monthly by purchasing executives at over 350 industrial companies. It reflects changes in the current month compared with the previous month. Responses are raw data.

“The PMI registered 54.8 percent, an increase of 1.4 percentage points from March’s reading of 53.4 percent, indicating expansion in the manufacturing sector for the 33rd consecutive month,” said Bradley J. Holcomb, CPSM, CPSD, chair of the Institute for Supply Management.

In an interview with Modern, Holcomb added that next’s week’s semiannual report will provide more of a forecast.

“We suspect that supply chain managers will continue to employ lean strategies to remain nimble and responsive to demand cycles,” he said.

Sixteen of the 18 industries reflected overall growth in April, and the New Orders, Production and Employment Indexes all increased, indicating growth at faster rates than in March. The Prices Index for raw materials remained at 61 percent in April, the same rate as reported in March.

Comments from the panel generally indicate stable to strong demand, with some concerns cited over increasing oil prices and “European stability.”

ISM reports strong manufacturing output in March
The PMI, the index used by the ISM to measure manufacturing activity, was 53.4 in March, which was 1 percent ahead of February’s 52.4.


About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at [email protected]

Subscribe to Modern Materials Handling Magazine!

Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!

Latest Whitepaper
Download the full 2016 Modern Materials Handling Salary Survey
How does your earning power match up with your peers across the material handling industry? Materials Handling salary survey, Warehouse manager salary survey, Warehouse Salary Research
Download Today!
From the November 2016 Issue
In Whirlpool Corp.’s Clyde, Ohio, factory, mobile robots have automated the delivery of parts to the line. The result is a more consistent, efficient and safer operation.
Optimizing home delivery: It takes more than planning
9th Annual Salary Survey: Success and Satisfaction Continue to Reign
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
2016 Warehouse/DC Operations Webcast: Confronting omni-channel complexity
During this webcast we’ll examine the current activities, trends, and best practices in warehouse and DC operations management and how companies plan to address complex issues associate with omni-channel fulfillment.
Register Today!
EDITORS' PICKS
Systems Report: Whirpool puts mobile robots to work
In Whirlpool Corp.’s Clyde, Ohio, factory, mobile robots have automated the delivery of parts to...
Modern Materials Handling’s 2017 Casebook Collection
The 2017 Casebook features more than 35 case studies that put the spotlight on successful innovation...

Brownells: Designing for Efficiency and Growth
Brownells’ new Iowa distribution center has taken touches—and miles—out of the order...
Industry celebrates National Manufacturing Day
Fourth annual Manufacturing Day is a grassroots effort by U.S. manufacturers to improve the public...