U.S. manufacturers growing fast but still struggling with shortages, ISM finds
December 01, 2021 at 10:08 AM EST
American manufacturers are pumping out goods as fast as they can to meet strong customer demand, a new survey showed, but ongoing labor and supply shortages have snarled production and are feeding the biggest surge in U.S. inflation in decades. The ISM manufacturing index rose to 61.1% in November from 60.8%.