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“Of the six biggest manufacturing industries, three — Transportation Equipment; Food, Beverage & Tobacco Products; and Petroleum & Coal Products — registered growth in August. Logistics stabilized and costs are matching 2019. Sentiment improved regarding manufacturing lead times, although they remain at elevated levels.
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. ” [Food, Beverage & Tobacco Products] “Business is steady.
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