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

Fastener News Desk

Sentiment improved regarding manufacturing lead times, although they remain at elevated levels. Logistics stabilized and costs are matching 2019. The Prices Index remained in ‘decreasing’ territory but increased a respectable 5.8 percentage points, signifying near price stability.

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

Fastener News Desk

New Orders and Employment Contracting; Production and Backlogs Growing; Supplier Deliveries Slowing at a Slower Rate; Raw Materials Inventories Growing; Customers’ Inventories Too Low; Prices Increasing at a Slower Rate; Exports and Imports Growing; Record-Long Lead Times for Production Materials and MRO Supplies.

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

Fastener News Desk

Manufacturing lead times sentiment improved again but remain at elevated levels. Logistics costs have settled, transit times continue to shorten and capacities at most suppliers are sufficient.” percent in May 2020 ). While customer growth is projected, we cannot point to fundamentals that sustain it.

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Manufacturing PMI® at 46.9%; May 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

Manufacturing lead times clearly improved in the month. Supply chains are prepared and eager for growth, as panelists’ comments and the data support reduced lead times for their companies’ more important purchases. Supply shortages are limited to select items only.