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

Fastener News Desk

Supply chains are prepared and eager for growth, as panelists’ comments support reduced lead times for their more important purchases. ” [Fabricated Metal Products] “Business conditions remain strong, with sales and bookings exceeding plan.

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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. We’re continuing to ship to max capacity, with supply constraints still a real part of our day-to-day business operations.” Order book remains strong and ahead of 2022.”

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

Fastener News Desk

The Supplier Deliveries Index indicated faster deliveries, and the Inventories Index expanded at a slower rate as panelists’ companies manage their total supply chain inventories. WHAT RESPONDENTS ARE SAYING “Good start to the year for bookings. to be slower than the second half.

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

Fastener News Desk

” [Chemical Products] “Nearly all microchip supply issues have been resolved, finally bringing an end to the three-year chip shortage. Supply chain issues continue in several areas, resulting from difficulties during the United Auto Workers (UAW) strike.” Material prices are remaining relatively flat.

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

Fastener News Desk

The Supplier Deliveries Index indicated faster deliveries, and the Inventories Index expanded at a faster rate as panelists’ companies continued to effectively manage the total supply chain inventory. Managing head counts and total supply chain inventories remain primary goals as the sector closes the year.

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

Fastener News Desk

” [Nonmetallic Mineral Products] “Order book continues to be strong. The two manufacturing industries that reported growth in July are: Petroleum & Coal Products; and Furniture & Related Products. Working overtime to complete orders. Labor availability is still the number one constraint impacting production.

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

Fastener News Desk

Panelists are now expressing concern about a softening in the economy, as new order rates contracted for the second month amid developing anxiety about excess inventory in the supply chain. Overstock of raw materials due to prior supply chain issues and slowing orders.” ” [Computer & Electronic Products].