Manufacturing PMI® at 52.8%; July 2022 Manufacturing ISM® Report On Business®
Fastener News Desk
AUGUST 3, 2022
Panelists are now expressing concern about a softening in the economy, as new order rates contracted for the second month amid developing anxiety about excess inventory in the supply chain. Overstock of raw materials due to prior supply chain issues and slowing orders.” percentage point drop in June 2010.
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