All key measures improved month-over-month, led by supplier deliveries, production and exports, while capital spending expectations post their first increase in several months.
April’s rebound underscores strong activity, though supply bottlenecks and pricing pressures challenge the outlook.
Index climbs to 54.8 with broad-based component gains, while elevated material prices persist as the primary headwind despite a strong outlook.
A small dip in the Index masks a largely positive month for orders, output and suppliers.
The Precision Machining Index remained firmly in expansion at 57.4, but a mixed bag of component readings reveal changing market dynamics.
Mexican Media Brands