Remove 2009 Remove Apparel Remove Automotive
article thumbnail

Manufacturing PMI® at 46.3%; March 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

percent recorded in February; this is the index’s lowest reading since March 2009 (43.2 However, sales volume is pulling down our automotive original equipment manufacturer (OEM) side, which is the majority of our business. The Supplier Deliveries Index figure of 44.8 percent is 0.4 percentage point lower than the 45.2

article thumbnail

Manufacturing PMI® at 47.1%; April 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

percent recorded in March; this is the index’s lowest reading since March 2009 (43.2 The five manufacturing industries that reported growth in April are: Printing & Related Support Activities; Apparel, Leather & Allied Products; Petroleum & Coal Products; Fabricated Metal Products; and Transportation Equipment.