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” [Nonmetallic Mineral Products] “Order book continues to be strong. ” [Primary Metals] SOURCE: Institute for Supply Management RELATED CONTENT: Manufacturing PMI® at 48.5%; June 2024 Manufacturing ISM® Report On Business® Manufacturing PMI® at 48.7%; May 2024 Manufacturing ISM® Report On Business®
Current inventory levels are too high, but the order book remains strong.” Consuming inventory that was built as a strike bank. Still (having) issues with hiring quality candidates for both hourly and salaried positions. ” [Primary Metals] “Elevated financing costs have dampened demand for residential investment.
More attention will be paid to demand as we enter the first quarter to shore up order books for the next six to 12 months,” says Fiore. In December, only one industry reported paying increased prices for raw materials: Apparel, Leather & Allied Products. Inventories. A Prices Index above 52.6
“Current order books are full, but there have been signs of a slowdown beginning in the fourth quarter.” The data should be compared to all other economic data sources when used in decision-making. Employment activity remained strongly positive in spite of the uncertainty with new order rates,” says Fiore.
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