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

March 1, 2021 0 By boss


Select ISM Industry Comments

“Things are now out of control. Everything is a mess, and we are seeing wide-scale shortages.” – Electrical Equipment, Appliances

“Supply chains are depleted; inventories up and down the supply chain are empty. Lead times increasing, prices increasing, (and) demand increasing.” – Chemical Products

“Steel prices have increased significantly in recent months, driving costs up from our suppliers and on proposals for new work that we are bidding.” – Transportation Equipment

“We are still struggling keeping our production lines fully manned.” – Food, Beverage & Tobacco Products

“Logistics times are at record times. Continuing to fight through shipping and increased lead times on both raw materials and finished goods due to the pandemic.” – Fabricated Metal Products

“Prices are rising so rapidly that many are wondering if (the situation) is sustainable. Shortages have the industry concerned for supply going forward, at least deep into the second quarter.” – Wood Products


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