US Manufacturing Expands Further in September; Shortages, Prices Rising: ISM
A worker looks to marry the body structure with the battery pack and the front and rear sub frames as they assemble electric vehicles at the Lucid Motors plant in Casa Grande, Ariz., on Sept. 28, 2021. Caitlin O'Hara/Reuters
WASHINGTON—U.S. manufacturing activity picked up further in September, but factories experienced longer delays getting raw materials delivered and paid higher prices for inputs.
The Institute for Supply Management (ISM) said on Friday its index of national factory activity increased to a reading of 61.1 last month from 59.9 in August.
