ISM Comes in a Notch Slower: “Lack of Labor is Killing Us”

If it were not for inflationary pressures, supply chain constraints, lack of available labor and long wait times, things would be going great in manufacturing. The employment component slipped into contraction territory even as production eked out a gain. The new orders index was off only slightly and still firmly in expansion territory. Just about everywhere else you look you find headaches from demand outstripping capacity and still-strained supply chains, which is sending prices soaring. READ FULL ARTICLE>>