Manufacturing PMI® at 47.6%; August 2023 Manufacturing ISM® Report On Business®
Fastener News Desk
SEPTEMBER 5, 2023
Sentiment improved regarding manufacturing lead times, although they remain at elevated levels. “Of the six biggest manufacturing industries, three — Transportation Equipment; Food, Beverage & Tobacco Products; and Petroleum & Coal Products — registered growth in August. Unclear if this is an inventory correction.
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