Manufacturing Sector Grew in April

At 52.8, the PMI decreased 2.5% from March.

Economic activity in the manufacturing sector expanded in April, and the overall economy grew for the 120th consecutive month, say the nation—s supply executives in the latest Manufacturing ISM® Report On Business®.

The April PMI® registered 52.8%, a decrease of 2.5% from the March reading of 55.3%, according to Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management®Manufacturing Business Survey Committee. 

“The New Orders Index registered 51.7%, a decrease of 5.7% from the March reading of 57.4%,” said Fiore. “The Production Index registered 52.3%, a 3.5% decrease compared to the March reading of 55.8%. The Employment Index registered 52.4%, a decrease of 5.1% from the March reading of 57.5%. The Supplier Deliveries Index registered 54.6%, a 0.4% increase from the March reading of 54.2%. The Inventories Index registered 52.9%, an increase of 1.1% from the March reading of 51.8%. The Prices Index registered 50%, a 4.3% decrease from the March reading of 54.3%.”

"Exports orders contracted for the first time since February 2016. The PMI® trade elements are in contraction territory. The PMI® has been inching down since November 2018. The manufacturing sector is expanding, but at recent historic lows," says Fiore.

Of the 18 manufacturing industries, 13 reported growth in April, in the following order: Textile Mills; Electrical Equipment, Appliances & Components; Miscellaneous Manufacturing; Printing & Related Support Activities; Chemical Products; Nonmetallic Mineral Products; Plastics & Rubber Products; Machinery; Furniture & Related Products; Food, Beverage & Tobacco Products; Computer & Electronic Products; Paper Products; and Fabricated Metal Products. The five industries reporting contraction in April are: Apparel, Leather & Allied Products; Primary Metals; Wood Products; Petroleum & Coal Products; and Transportation Equipment.


Related Posts

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.