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5 Statistics That Show California Manufacturing is Alive and Well

CMTC Manufacturing Tech

The pandemic's impact on labor and supply chains contributed to the false notion that California‘s manufacturing industry is declining, but the Golden State’s output has exceeded national averages by 83% since the 1990s. To learn how CMTC can help you innovate and grow your business, contact us today. To discover more key ?ndings

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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 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].