US Manufacturing PMI Stays Strong in June

13 Straight Months Above The 50 Percent Line for US Manufacturers

The ISM® Report On Business® for June reported a US PMI of 60.6 percent, down slightly from the May reading of 61.2 percent. Panelists from the survey reported that their companies and suppliers continue to struggle to meet increasing levels of demand. Record-long raw-material lead times, wide-scale shortages of critical basic materials, rising commodities prices and difficulties in transporting products are continuing to affect all segments of the US manufacturing economy.