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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 ” [Food, Beverage & Tobacco Products] “Business is returning to pre-pandemic levels. Logistics, particularly from East Asia , continue to return to historical-level transit times; Europe and India remain elevated.