U.S. Manufacturing Capacity Utilization: Manufacturing capacity utilization (MCU) reached 79.1% in May 2022, down 0.1% month on month (m/m). On a year on year (y/y) comparison, the MCU was a modest +4.48%.

ISM Non-Manufacturing Index: The Institute for Supply Management’s non-manufacturing index decreased by 1.2 points month on month (2.1% m/m) to 55.9 in May 2022.

ISM Manufacturing Index: The Institute for Supply Management’s manufacturing index moved up 0.7 points month on month (m/m) to 56.1 for May 2022; this value is stronger than the forecast of 50.  The new orders sub-index scored a 55.1. 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 79.2% in April 2022, up 0.73% month on month (m/m). On a year on year (y/y) comparison, the MCU was a modest +5.48%.

ISM Non-Manufacturing Index: The Institute for Supply Management’s non-manufacturing index decreased by 1.2 points month on month (2.1% m/m) to 57.1 in April 2022.

ISM Manufacturing Index: The Institute for Supply Management’s manufacturing index moved down 1.7 points month on month (m/m) to 55.4 for April 2022; this value is stronger than the forecast of 50.  The new orders sub-index scored a 53.5. Overall, the ISM manufacturing index is strong, while the global economy is beginning to strengthen again following shutdowns throughout Covid-19.