Manufacturing PMI® at 48.4%; December 2022 Manufacturing ISM® Report On Business®
Fastener News Desk
JANUARY 8, 2023
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. In December, only one industry reported paying increased prices for raw materials: Apparel, Leather & Allied Products. Inventories.
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