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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 Supply chains are now ready for growth, as panelists’ comments support reduced lead times for their more important purchases. Hydraulic components are still facing extended lead times. percent is 0.4 percent, 2.6

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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 Supply chains are prepared and eager for growth, as panelists’ comments support reduced lead times for their more important purchases. Lead times are generally coming down, although electronic components are still a concern.”