U.S. manufacturing sector sees slower growth in April amid continued supply constraints

WASHINGTON, May 2 (Xinhua) -- The U.S. manufacturing sector saw slower growth in April amid continued supply chain bottlenecks, the Institute for Supply Management (ISM) reported Monday.

The Purchasing Managers' Index (PMI) stood at 55.4 percent, down 1.7 percentage points from the March reading. Any reading above 50 percent indicates the manufacturing sector is generally expanding.