article thumbnail

Manufacturing PMI® at 49.1%; January 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

The overall economy continued in expansion for the 45th month after one month of contraction in April 2020. (A The four manufacturing industries reporting growth in January are: Apparel, Leather & Allied Products; Textile Mills; Transportation Equipment; and Chemical Products. Fiore , CPSM, C.P.M., percent recorded in December.

article thumbnail

Manufacturing PMI® at 46.3%; March 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

The Manufacturing PMI ® is at its lowest level since May 2020 , when it registered 43.5 However, sales volume is pulling down our automotive original equipment manufacturer (OEM) side, which is the majority of our business. The New Orders Index remained in contraction territory at 44.3 percent, 2.7

article thumbnail

10 startups selected for MassRobotics Accelerator

Robotics Business Review

Each of them gave brief pitches Meet the 10 startups in the MassRobotics Accelerator Apparel Robotics Conventional assembly of clothing is repetitive and labor-intensive. Founded in 2022, Apparel Robotics is working to change how clothing is manufactured. “Right now, we’re targeting on-demand custom apparel. .

Apparel 100