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

Fastener News Desk

The Employment Index contracted for the third month in a row after expanding for eight straight months ( September 2021 through April), but panelists again indicated month-over-month improvement in hiring ability in July. “New order entry has slowed down slightly; however, logistical issues have yet to improve. Manufacturing.