U.S. Manufacturing Capacity Utilization: Manufacturing capacity utilization (MCU) reached 75.29% in June 2021, down 0.9% month on month (m/m). On a year on year (y/y) comparison, the MCU was a modest +12.04%.

ISM Non-Manufacturing Index: The Institute for Supply Management’s non-manufacturing index decreased by 3.9 points month on month (-6.1% m/m) to 60.1 in June 2021. The non-manufacturing category reporting the largest monthly growth was Arts, Entertainment & Recreation. 

ISM Manufacturing Index:  The Institute for Supply Management’s manufacturing index moved down 0.6 points month on month (m/m) to 60.6 for June 2021; this value is stronger than the forecast of 50.  The new orders sub-index was highest this month, scoring a 66.0.

ISM Non-Manufacturing Index: The Institute for Supply Management’s non-manufacturing index increased by 1.3 points month on month (+2.1% m/m) to 64.0 in May 2021.

ISM Manufacturing Index:  The Institute for Supply Management’s manufacturing index moved up 0.5 points month on month (m/m) to 61.2 for May 2021; this value is stronger than the forecast of 50.  The new orders sub-index scored a 67.0. Overall, the ISM manufacturing index is strong, while the global economy is beginning to strengthen again following shutdowns throughout Covid-19.

U.S. Manufacturing Capacity Utilization: Manufacturing capacity utilization (MCU) reached 73.8% in March 2021, up 2.7% month on month (m/m). On a year on year (y/y) comparison, the MCU was a modest +3.4%.