Economy experts polled by Reuters expect the index to change slightly to 52.5. The Institute for Supply Management (ISM) said on Wednesday that the Purchasing Managers' Index (PMI) for manufacturing rose to 52.7 last month, its highest level since August 2022, up from 52.4 in February. Manufacturing activity in the United States saw a revival in March, even as the index of input prices paid by factories hit its highest level in nearly four years, and suppliers took longer to deliver materials amid the ongoing war in the Middle East. This is the third consecutive month the index has been above 50, indicating expansion. Part of the increase is attributed to...
