(Bloomberg) -- The supply crunch is tightening its grip on U.S. producers. The average delivery time for materials -- from foam to steel to semiconductors -- increased in May to 85 days, according to the Institute for Supply Management's latest manufacturing report on Tuesday. The data also show numerous industries acknowledged difficulty finding skilled workers, another disruption for factories that are otherwise benefiting from stronger economic growth.
©2021 Bloomberg L.P.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
