An index value above 50 shows expansion in the manufacturing sector, while a value under 50 signals contraction.
Among the sub-indices that comprise the PMI, the production volume index rose compared to the previous month, reflecting an expansion in production for the fourth month in a row.
The new orders index fell but the order stock rose while remaining under the long-term average.
Delivery times were longer than in the previous month, the sub-index last remained above the 50-point threshold in April 2015.
Purchased stocks were down in April for the second month in a row after expanding for two months.
The employment index was down compared to March but employment still expanded in April.



