Remove 2020 Remove Apparel Remove Lead Time
article thumbnail

Manufacturing PMI® at 46.5%; October 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

The overall economy continued in expansion for the 54th month after one month of contraction in April 2020. (A percent, over a period of time, generally indicates an expansion of the overall economy.) Suppliers continue to have capacity, with lead times improving and some shortages reappearing. Fiore , CPSM, C.P.M.,

article thumbnail

US Manufacturing PMI inched up to 47.7% in February

AU Manufacturing

In the last two months, the Manufacturing PMI has been at its lowest levels since May 2020, when it stood at 43.5 This figure, which came in below the market expectation of 48, represents the third month of recession for the total economy following a 30-month growth. per cent, the latest update found.

Apparel 74
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

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 Supply chains are now ready for growth, as panelists’ comments support reduced lead times for their more important purchases. Hydraulic components are still facing extended lead times. percent, 2.7

article thumbnail

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

Fastener News Desk

New Orders and Employment Contracting; Production and Backlogs Growing; Supplier Deliveries Slowing at a Slower Rate; Raw Materials Inventories Growing; Customers’ Inventories Too Low; Prices Increasing at a Slower Rate; Exports and Imports Growing; Record-Long Lead Times for Production Materials and MRO Supplies. percent is a 1.4-percentage

article thumbnail

Manufacturing PMI® at 47.4%; January 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

The Manufacturing PMI ® figure is the lowest since May 2020 , when it registered a seasonally adjusted 43.5 “New order rates remain depressed due to buyer and supplier disagreements regarding price levels and delivery lead times; these should be resolved by the second quarter. percent, 2.6

article thumbnail

Manufacturing PMI® at 48.4%; December 2022 Manufacturing ISM® Report On Business®

Fastener News Desk

The Manufacturing PMI ® figure is the lowest since May 2020 , when it registered 43.5 percentage points compared to the November figure of 43 percent; this is the index’s lowest reading since April 2020 (35.3 The PMI ® registered its lowest level since May 2020 , when the index was 43.5 Fiore , CPSM, C.P.M.,

article thumbnail

Manufacturing PMI® at 47.7%; February 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

In the last two months, the Manufacturing PMI ® has been at its lowest levels since May 2020 , when it registered 43.5 “New order rates remain sluggish due to buyer and supplier disagreements regarding price levels and delivery lead times; the index increase suggests progress in February. percent recorded in January. .