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Manufacturing PMI® at 48.4%; December 2022 Manufacturing ISM® Report On Business®

Fastener News Desk

“Overall, supply chain conditions have stabilized tremendously since the fourth quarter of 2021. Copper; Electrical Components (2); Electricity (2); Electronic Components (25); Freight*; Labor — Temporary (4); Semiconductors; and Zinc. ” [Electrical Equipment, Appliances & Components]. Commodities Up in Price.

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Manufacturing PMI® at 52.8%; July 2022 Manufacturing ISM® Report On Business®

Fastener News Desk

The Employment Index contracted for the third month in a row after expanding for eight straight months ( September 2021 through April), but panelists again indicated month-over-month improvement in hiring ability in July. Consumption (measured by the Production and Employment indexes) was mixed during the period, with a combined positive 1.2-percentage