The latest report by IHS Markit revealed on Thursday the seasonally adjusted IHS Markit final U.S. Manufacturing Purchasing Managers’ Index (PMI) came in at 62.1 in June, unchanged on May, but dropping slightly from the earlier released “flash” reading of 62.6. The June reading pointed to a noticeable improvement in operating conditions, which was the joint-strongest since data collection began in May 2007.

Economists had forecast the index to stay unrevised at 62.6.

According to the report, the May gain in headline figure was supported by further significant expansions in output and new orders, but supply chain disruptions worsened and weighed on production capacity. Vendor performance deteriorated to the greatest extent on record. Input costs, meanwhile, showed the biggest gain on record, feeding through to another record increase in factory selling prices.