Skip to contentHome page Seeking Alpha - Power to InvestorsUS EconomyMay 02, 2026, 12:32 AM ETXLI, VIS, FIDU, IYJ, FXR, UXI, RSPN, SIJ, AIRRAdvisor Perspectives Charts6.64K FollowersCommentsThe Institute for Supply Management (ISM) manufacturing purchasing managers index (PMI) came in at 52.7 in April, unchanged from March and marking the fastest expansion for the index since August 2022.The latest reading was lower than the 53.1 forecast and is the index's fourth straight month in expansion territory.What sort of correlation does the ISM Manufacturing PMI have with recessions?Athitat Shinagowin/iStock via Getty ImagesBy Jennifer NashThe Institute for Supply Management (ISM) manufacturing purchasing managers index (PMI) came in at 52.7 in April, unchanged from March and marking the fastest expansion for the index since August 2022. The latest reading was lower thanThis article was written byAdvisor Perspectives Charts6.64K FollowersAdvisor Perspectives is a leading interactive publisher for Registered Investment Advisors. Our AP Charts & Analysis portion of our website analyzes economic and market trends.CommentsTo ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.Is this happening to you frequently? Please report it on our feedback forum.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.