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. “Overall, supply chain conditions have stabilized tremendously since the fourth quarter of 2021. ” [Miscellaneous Manufacturing].
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