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

Fastener News Desk

percent recorded in March; this is the index’s lowest reading since March 2009 (43.2 The April composite index reading reflects companies continuing to manage outputs to better match demand for the first half of 2023 and prepare for growth in the late summer/early fall period. The Supplier Deliveries Index figure of 44.6