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Manufacturing PMI® at 46.4%; July 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

In the last eight months, the Supplier Deliveries Index has recorded its eight lowest readings since March 2009 (43.2 Logistics costs have settled, transit times continue to shorten and capacities at most suppliers are sufficient.” The Employment Index dropped further into contraction, registering 44.4 percent, down 3.7

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Manufacturing PMI® at 46.9%; May 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

percent recorded in April; this is the index’s lowest reading since March 2009 (43.2 ” [Food, Beverage & Tobacco Products] “Business is returning to pre-pandemic levels. Logistics, particularly from East Asia , continue to return to historical-level transit times; Europe and India remain elevated.