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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 ” [Food, Beverage & Tobacco Products] “Business is steady. The Supplier Deliveries Index figure of 44.6 percent is 0.2 percentage point lower than the 44.8 The Inventories Index dropped 1.2 percentage points to 46.3

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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 ” [Food, Beverage & Tobacco Products] “Sales are slowing at an increasing rate, which is allowing us to burn through back orders at a faster-than-expected pace.” The Supplier Deliveries Index figure of 44.8 percent, 2.6