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Manufacturing PMI® at 46.4%; July 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

In the last eight months, the Supplier Deliveries Index has recorded its eight lowest readings since March 2009 (43.2 Manufacturing lead times sentiment improved again but remain at elevated levels. Logistics costs have settled, transit times continue to shorten and capacities at most suppliers are sufficient.”

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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 Manufacturing lead times clearly improved in the month. Supply chains are prepared and eager for growth, as panelists’ comments and the data support reduced lead times for their companies’ more important purchases.