ISM Manufacturing Falls Short of Expectations in April at 60.7

The video discusses the ISN manufacturing report, highlighting the PMI index's monthly comparison, which shows strong sentiment in April, though slightly less than March. New orders and export orders remain robust, while prices paid are at a high, indicating input pressures and potential price increases. Employment numbers are strong, with more data expected soon.

What does the PMI index measure and how is it calculated?

How did the new orders number change from the previous month?

What are the implications of the prices paid number being the highest in many years?

What challenges are CEOs facing regarding pricing and margins?

What does the employment number indicate about factory hiring rates?