US manufacturing PMI hits 12-year high amid strong domestic demand: IHS Markit

On Friday, a survey report from IHS Markit, the London, UK-based business research group, said that its index for US manufacturing PMI (Purchasing Managers' Index) had picked up momentum earlier in May in context of a sharp rise in domestic demands, however, logjams of unaccomplished works were signalling a steep shortage of labour alongside raw materials.