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 reading of 57.1% and the lowest reading since the reading