ISM Manufacturing PMI The United States in April decreased by almost 8 points, having made 41.5 against 49.1 earlier. These results were better analysts' forecasts, expecting 36 points, but more a closer look shows that the situation is more serious. amount new orders in the industry showed the maximum decline since 1948 - the corresponding index reached 27.1 points. The reason for the active fall in the PMI is is that the amount of time required for delivery has increased. Usually the increase in terms is due to the increase in the number of orders (demand), however, in the current conditions of the coronavirus pandemic, the timing increased not for this reason, but due to supply problems and companies leaving the market. The drop in the index of new orders (27.1 p.) Turned out to be more than dramatic than expected - the predicted value was 30 points. Prior to that, the indicator was at the level of 42.2%. The maximum decline in more than 70 years was shown by the index employment, which fell to 27.5 points (previous value - 43.8).