{"id":430044,"date":"2026-05-01T21:40:05","date_gmt":"2026-05-01T14:40:05","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/05\/ism-manufacturing-index-for-april-527-vs-53-0-estimate\/"},"modified":"2026-05-01T21:40:05","modified_gmt":"2026-05-01T14:40:05","slug":"ism-manufacturing-index-for-april-527-vs-53-0-estimate","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/2026\/05\/ism-manufacturing-index-for-april-527-vs-53-0-estimate\/","title":{"rendered":"ISM Manufacturing index for April 52,7 vs 53.0 estimate"},"content":{"rendered":"<div>\n<ul>\n<li>Prior month 52.7<\/li>\n<li>manufacturing index 52.7 versus 53.0 estimate.<\/li>\n<li>Prices paid 84.6 versus 80.0 estimate and 78.3 last month.<\/li>\n<li>Employment index up 46.4 versus 49.0 estimate. Last month 48.7.<\/li>\n<li>New orders 54.1 versus 53.5 last month.<\/li>\n<li>Production 53.4 versus 55.1 last month.<\/li>\n<li>Supplier deliveries 60.6 versus 58.9 last month.<\/li>\n<li>Inventories 49.0 versus 47.1 last month.<\/li>\n<li>Backlog of orders 51.4 versus 54.4 last month<\/li>\n<li>New export orders 47.9 versus 49.9 last month<\/li>\n<li>Imports 50.3 versus 52.6 last month<\/li>\n<\/ul>\n<p>Highlights:<\/p>\n<ul>\n<li>The expansion above 50 was the 18th month in a row.<\/li>\n<li>New orders expanded for the 4th straight month which followed 4 straight month of contraction.<\/li>\n<li>Prices were disappointment with a 6.3% jump from March is reading. In the last 3 months price index has increased 25.6% to reach its highest level since April 2022.<\/li>\n<li>The employment index remains below the 50.0 level indicative of a contraction<\/li>\n<li>Backlog of orders registered fell by 3 percentage point but remains above the 50 level<\/li>\n<\/ul>\n<p>Susan Spence, MBA, Chair of the Institute for Supply Management\u00ae (ISM\u00ae) Manufacturing Business Survey Committee.said:<\/p>\n<ul>\n<li data-section-id=\"17bsov\" data-start=\"93\" data-end=\"190\">\u201cManufacturing remained in expansion\u201d but growth was steady, not accelerating overall\n<\/li>\n<li data-section-id=\"13f193g\" data-start=\"191\" data-end=\"298\">\n\u201cNew Orders and Supplier Deliveries improved\u201d, signaling stronger demand and supply constraints\n<\/li>\n<li data-section-id=\"du44yv\" data-start=\"299\" data-end=\"385\">\n\u201cProduction slowed\u201d while Employment and Inventories stayed in contraction\n<\/li>\n<li data-section-id=\"1dc5l2g\" data-start=\"387\" data-end=\"478\">\n\u201cSentiment remains negative overall\u201d with a 1 to 2.2 positive-to-negative ratio\n<\/li>\n<li data-section-id=\"2igxfc\" data-start=\"479\" data-end=\"568\">\n\u201cIran war and tariffs are major themes\u201d, mentioned in 47% and 18% of comments\n<\/li>\n<li data-section-id=\"3i6gsw\" data-start=\"570\" data-end=\"658\">\n\u201cDemand is mixed\u201d \u2192 New Orders and Backlogs expanding, but Backlogs declined\n<\/li>\n<li data-section-id=\"9bulpi\" data-start=\"659\" data-end=\"740\">\n\u201cExport demand remains weak\u201d with New Export Orders still contracting\n<\/li>\n<li data-section-id=\"1i841dg\" data-start=\"741\" data-end=\"830\">\n\u201cCustomer inventories are too low\u201d, which is supportive for future production\n<\/li>\n<li data-section-id=\"ei7ibo\" data-start=\"832\" data-end=\"913\">\n\u201cProduction still expanding\u201d (6th straight month) but losing momentum\n<\/li>\n<li data-section-id=\"1ld9deu\" data-start=\"914\" data-end=\"1004\">\n\u201cEmployment remains weak\u201d with firms focused on managing headcount, not hiring\n<\/li>\n<li data-section-id=\"9mg99o\" data-start=\"1005\" data-end=\"1074\">\n\u201cLayoffs and attrition are being used\u201d to control labor costs\n<\/li>\n<li data-section-id=\"kpjmt0\" data-start=\"1076\" data-end=\"1112\">\n\u201cInput conditions are mixed\u201d\n<\/li>\n<li data-section-id=\"14yob8f\" data-start=\"1113\" data-end=\"1152\">\n\u201cSupplier delays are worsening\u201d\n<\/li>\n<li data-section-id=\"9pobpi\" data-start=\"1153\" data-end=\"1242\">\n\u201cPrices surged sharply\u201d to highest since April 2022 \u2192 strong inflation signal\n<\/li>\n<li data-section-id=\"blsh5v\" data-start=\"1243\" data-end=\"1269\">\n\u201cImports softened\u201d\n<\/li>\n<li data-section-id=\"15hlj41\" data-start=\"1271\" data-end=\"1354\">\n\u201cManufacturing weakness increased slightly\u201d (19% of GDP contracting vs 16%)\n<\/li>\n<li data-section-id=\"12lvsuo\" data-start=\"1355\" data-end=\"1419\">\n\u201cSevere contraction eased\u201d (share at \u226445 PMI fell to 2%)\n<\/li>\n<li data-section-id=\"oigyw5\" data-start=\"1420\" data-end=\"1491\">\n\u201cMajor industries still expanding\u201d (4 of top 6 sectors growing)<\/li>\n<\/ul>\n<p>Employment weak\/prices higher is not a good recipe.  The Iran war and tariffs remain a big concerns yet despite those headwinds, new orders increased and the expansion is on its 18th month.<\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Prior month 52.7 manufacturing index 52.7 versus 53.0 estimate. Prices paid 84.6 versus 80.0 estimate and 78.3 last month. Employment index up 46.4 versus 49.0 estimate. Last month 48.7. New orders 54.1 versus 53.5 last month. Production 53.4 versus 55.1 last month. Supplier deliveries 60.6 versus 58.9 last month. Inventories 49.0 versus 47.1 last month. [&hellip;]<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-430044","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/430044","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=430044"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/430044\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=430044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=430044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=430044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}