Manufacturing PMI® at 49%; September 2023 Manufacturing ISM® Report On Business®
Fastener News Desk
OCTOBER 4, 2023
More importantly, the share of sector GDP registering a composite PMI ® calculation at or below 45 percent — a good barometer of overall manufacturing weakness — was 6 percent in September, compared to 15 percent in August and 25 percent in July, a clear positive,” says Fiore. However, many forecasts are set for the beginning of 2024.
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