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Manufacturing PMI® at 46.5%; October 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

The share of manufacturing sector GDP registering a composite PMI ® calculation at or below 45 percent (a good barometer of overall manufacturing weakness) was 46 percent in October, a 5-percentage point increase compared to the 41 percent reported in September.

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

Fastener News Desk

The share of manufacturing sector GDP registering a composite PMI ® calculation at or below 45 percent (a good barometer of overall manufacturing weakness) was 41 percent in September, an 8-percentage point increase compared to the 33 percent reported in August. We are anticipating a record sales volume for 2024.”

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

Fastener News Desk

The July composite index reading reflects companies continuing to manage outputs down as order softness continues. ” [Food, Beverage & Tobacco Products] “Suppliers are starting to reach out looking for new business. The Imports Index remained in contraction territory, registering 49.6 percent, 0.3

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

Fastener News Desk

The August composite index reading reflects companies managing outputs appropriately as order softness continues, but the month-over-month increase is a sign of improvement. The Imports Index remained in contraction territory, registering 48 percent, 1.6 percentage points lower than the 49.6 percent reported in July.”

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Manufacturing PMI® at 46.3%; March 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

With Business Survey Committee panelists reporting softening new order rates over the previous 10 months, the March composite index reading reflects companies continuing to slow outputs to better match demand for the first half of 2023 and prepare for growth in the late summer/early fall period. .” Fiore continues, “The U.S.

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Manufacturing PMI® at 47.7%; February 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

With Business Survey Committee panelists reporting softening new order rates over the previous nine months, the February composite index reading reflects companies continuing to slow outputs to better match demand for the first half of 2023 and prepare for growth in the second half of the year. .” Fiore continues, “The U.S.

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Manufacturing PMI® at 47.8%; February 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

More importantly, the share of sector GDP registering a composite PMI ® calculation at or below 45 percent — a good barometer of overall manufacturing weakness — was 1 percent in February, compared to 27 percent in January and 48 percent in December. WHAT RESPONDENTS ARE SAYING “Currently seeing increasing sales in our business. .”