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U.S. managers hope for rising exports as supply chains remain tight

Business Sentiment 181 China 2832 Germany 222 Materials - Chemicals 198 Materials - Metals/Mining 694 U.S. 5064

The U.S. manufacturing sector still expects order to expand, according to the latest ISM survey. The import order expectation index reached 56.1% (above 50% represents expansion) despite challenges including “logistics times (which) are at record times” and shortages in 20 major commodities. Prices are also rising with 48 commodities up and only one down. Export order expectations also remain positive (57.2%, up from 54.9%) even though exports have fallen for 13 straight months through January. Export order expectations in Germany and France have also improved. However, China’s CFLP expo...

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