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Manufacturing PMI® at 47.2%; September 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

Only one of the six largest manufacturing industries — Food, Beverage & Tobacco Products — expanded in September, compared to two in August,” says Fiore. Fourth-quarter forecasts have been further reduced, with several new programs shifted from 2024 to 2025. Currently planning on a flat 2025.”