ISM Manufacturing Falls Short of Expectations in April at 60.7

The video discusses the ISN manufacturing report, highlighting the PMI index's monthly comparison, which shows strong sentiment in April, though slightly less than March. New orders and export orders remain robust, while prices paid are at a high, indicating input pressures and potential price increases. Employment numbers are strong, with more data expected soon.

What does the PMI index compare?

• One month to the next month

• One month to the average of the year

• One month to the previous month

• One month to the same month last year

How did the new orders number change from March to April?

• Increased from 68 to 70

• Remained the same at 64

• Decreased from 68 to 64

• Increased from 64 to 68

What is the significance of the 'prices paid' number?

• It indicates a decrease in input costs

• It shows a potential for lower prices

• It highlights rising input pressures and potential price increases

• It suggests stable input costs

What is the current trend in factory employment?

• Decreasing slightly

• Increasing at a strong rate

• Stable with no change

• Decreasing rapidly

What is the main concern regarding future price trends?

• Whether prices will continue to rise

• Whether prices will fall sharply

• Whether prices will stabilize

• Whether prices will decrease