Prices Climb as U.S. Manufacturing Expands Most in Three Years

The video discusses the strong ISM number, indicating robust manufacturing performance. It highlights concerns about rising prices and inflation, referencing historical data from 2008. Employment figures are also strong, but industry comments reveal challenges like rising prices and extended lead times. Supply chain issues, exacerbated by labor shortages, are impacting material deliveries and prices, potentially affecting the economy.

What does the ISM number indicate about manufacturing?

How does the current price index compare to that of June 2008?

What concerns arise from the employment number mentioned?

What issues are companies facing in the machinery and electrical equipment sectors?

How have supply chain problems affected the economy post-COVID?