article thumbnail

Manufacturing PMI® at 46.3%; March 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

percent recorded in February; this is the index’s lowest reading since March 2009 (43.2 ” [Apparel, Leather & Allied Products] “Overall, things feel more stable in the first quarter 2023 than they did throughout 2021-22. The Supplier Deliveries Index figure of 44.8 percent is 0.4 percent, 2.6 percent is 2.3

article thumbnail

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

Fastener News Desk

percent recorded in January; readings from the last three months are the index’s lowest since March 2009 (43.2 The Supplier Deliveries Index figure of 45.2 percent is 0.4 percentage point lower than the 45.6 The Inventories Index registered 50.1 percent, 0.1 percentage point lower than the January reading of 50.2 percent is 0.5

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Manufacturing PMI® at 47.4%; January 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

percent recorded in December; the last two readings are the index’s lowest since March 2009 (43.2 However, 26 percent of sector industries had a composite PMI ® calculation of below 45 percent in January (a stronger indication of industry sluggishness), down from 35 percent the previous month,” says Fiore. percent is 0.5

article thumbnail

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

Fastener News Desk

percent recorded in April; this is the index’s lowest reading since March 2009 (43.2 The May 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 43.5

article thumbnail

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

article thumbnail

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

Fastener News Desk

percent; this is the index’s lowest reading since March 2009 (43.2 With Business Survey Committee panelists reporting softening new order rates over the previous seven months, the December composite index reading reflects companies’ slowing their output. The Supplier Deliveries Index reading of 45.1 percent is 2.1