US April ISM manufacturing 48.7 vs 48.0 expected

  • US April manufacturing survey from the Institute for Supply Management
ISM manufacturing
  • Prior was 50.7
  • Prices paid 69.8 vs 70.3 expected
  • Employment 46.5 vs 44.7 prior --
  • New orders 47.2 vs 45.2 prior
  • Production vs 48.3 prior
  • Imports vs 50.1 prior

This is a better number than last month and that may highlight a theme from the S&P Global report -- that some orders are perking up on tariff switching.

ISM manufacturing PMI
ISM manufacturing PMI

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