Remove Apparel Remove Automotive Remove Books
article thumbnail

Manufacturing PMI® at 47.6%; August 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

“Demand remains soft, but production execution is consistent with new, reduced output levels based on panelists’ companies order books. The bookings were below what we planned, but that was expected due to fewer working days and summer vacations.” Order book remains strong and ahead of 2022.”

article thumbnail

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

Fastener News Desk

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. Customers starting to talk build rate reductions for the second half of 2023.”

article thumbnail

Manufacturing PMI® at 46.7%; November 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

” [Machinery] “Automotive sales still impacted by UAW strike. Current inventory levels are too high, but the order book remains strong.” Still waiting for orders to come in, and we also need to work down inventory levels that increased during the strike period. This will most likely happen in December.”