US manufacturing growth eases for a 3rd straight month on Covid surge
Select ISM Industry Comments “We are experiencing massive interruptions to our production due to supplier Covid-19 problems limiting their manufacturing of key raw (materials) like steel cans and chemicals." - Chemical Products “While there has been some improvement in materials making it to our factories and logistics centers, we are still constrained by (a lack of) qualified labor." - Computer & Electronic Products “Transportation, labor and inflation issues continue to hamper our supply chain and ability to service our customers." - Transportation Equipment “Lack of skilled production personnel, either from missing work due to (Covid-19) variants or leaving for better opportunities, making it more difficult to complete work." - Fabricated Metals Products “Transportation restrictions and a lack of supplier manpower continue to create significant shortages that limit our production." - Machinery “Our suppliers are having difficulty meeting scheduled releases as their suppliers experience delays and shortages, so lead times and inventories are struggling, resulting in lost production." - Food & Beverage Products Meantime, still-very lean factory customer inventories improved slightly.
The ISM index rose to 33, the highest since January of last year. Supply chains aren’t expected to normalize for months as the pandemic continues to make it difficult for U.S.
United States
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Cases: 46 252 513
Deaths: 750 423
Recovered: 0
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India
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Cases: 34 321 025
Deaths: 459 652
Recovered: 0
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Brazil
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Cases: 21 835 785
Deaths: 608 235
Recovered: 0
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United Kingdom
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
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Russia
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Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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