US Manufacturing Activity Decelerates in April, Not Much Progress on Reducing Labor Shortage
Staffing Industry Analysts (05/02/22) Business activity in the US manufacturing industry grew in April but at its lowest rate since July 2020 as progress slowed on the labor shortage, according to the “Manufacturing ISM Report on Business” released by the Institute for Supply Management. The Manufacturing PMI level was 55.4% in April, down from March’s […]
Manufacturing Activity Improved in April
Federal Reserve Bank of Richmond (04/26/22) Mid-Atlantic manufacturing activity continued its expansion in April, according to the Federal Reserve Bank of Richmond. The composite manufacturing index stood at 14 in April compared with 13 in March. Shipments increased to 17 from nine, while the volume of new orders moved down slightly to six from 10. […]
