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Manufacturing PMI® at 52.8%; July 2022 Manufacturing ISM® Report On Business®

Fastener News Desk

This figure indicates expansion in the overall economy for the 26th month in a row after a contraction in April and May 2020. This is the lowest Manufacturing PMI ® figure since June 2020 , when it registered 52.4 percent; this is the index’s lowest reading since August 2020 (59.5 Fiore , CPSM, C.P.M., percent is a 1.4-percentage