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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. ” [Food, Beverage & Tobacco Products]. percent, 0.9