According to the Institute for Supply Management’s (ISM) Report On Business, apparel, leather and allied products was the second-fastest growing industry in the USA during April. Other categories that posted increases included chemical products, plastics and rubber products as well as furniture and related products.

Manufacturing growth accelerated as the PMI registered 54.7%, an increase of 3.8 percentage points compared with March’s reading of 50.9%.

The ISM Prices Index registered 51.6%, 6.9% higher than in March.