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US
US: Also worth recapping our latest interview with ISM chair Tim Fiore, which
came in the wake of the latest ISM manufacturing survey on Friday.
- MNI INTERVIEW: US Factories at Less Than 30% of Capacity: ISM
- U.S. factories are working at less than 30% of capacity and struggling to
rebuild production amid concerns about worker safety as facilities re-open, ISM
chair Tim Fiore told MNI. Factories worldwide were running around full capacity
before the Covid-19 pandemic and are now hit with the "fastest rate of change in
economic activity in modern times," Fiore said Friday. The Institute for Supply
Management's April PMI showed a 7.6 point drop to 41.5, the lowest since April
2009.
- For full story see MNI Main Wire at 20:50 BST 05/01 or contact
sales@marketnews.com for access.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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