WASHINGTON, June 1 (Xinhua) -- The U.S. manufacturing sector saw faster growth in May amid continued supply chain bottlenecks, the Institute for Supply Management (ISM) reported Wednesday.
The Purchasing Managers' Index (PMI) stood at 56.1 percent, up 0.7 percentage points from the April reading. Any reading above 50 percent indicates the manufacturing sector is generally expanding.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
