U.S. Economic News

May 3, 2021

U.S. Economic Indicators

The ISM Manufacturing Index declined 4.0 points to 60.7 in April, indicating industry expansion but at a slightly slower rate than in March. The Employment Index decreased 4.5 points to 55.1, while the New Orders Index decreased 3.7 points to 64.3. ISM Report

Construction spending increased 0.2% in March to an annualized rate of $1.51 trillion. Private construction rose 0.7%, while public construction fell 1.5%. Census Bureau Report