Fastener News Desk
APRIL 3, 2023
With Business Survey Committee panelists reporting softening new order rates over the previous 10 months, the March composite index reading reflects companies continuing to slow outputs to better match demand for the first half of 2023 and prepare for growth in the late summer/early fall period.
Fastener News Desk
SEPTEMBER 5, 2023
1, 2023 /PRNewswire/ — Economic activity in the manufacturing sector contracted in August for the 10th consecutive month following a 28-month period of growth, say the nation’s supply executives in the latest Manufacturing ISM ® Report On Business ®. Contingency plans in place for sub-tiers.
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Fastener News Desk
DECEMBER 4, 2023
1, 2023 /PRNewswire/ — Economic activity in the manufacturing sector contracted in November for the 13th consecutive month following a 28-month period of growth, say the nation’s supply executives in the latest Manufacturing ISM ® Report On Business ®. This will most likely happen in December.”
Fastener News Desk
OCTOBER 4, 2023
NEWS PROVIDED BY: Institute for Supply Management 02 Oct, 2023, 10:00 ET New Orders and Backlogs Contracting; Employment and Production Expanding; Supplier Deliveries Faster; Raw Materials Inventories Contracting; Customers’ Inventories Too Low; Prices Decreasing; Exports and Imports Contracting TEMPE, Ariz. , Oct.
Fastener News Desk
MAY 4, 2023
The April composite index reading reflects companies continuing to manage outputs to better match demand for the first half of 2023 and prepare for growth in the late summer/early fall period. Customers starting to talk build rate reductions for the second half of 2023.” ” Fiore continues, “The U.S.
Control Engineering
MARCH 16, 2023
According to a Reuters poll of economists , the Indian government is borrowing a record 16 trillion rupees in fiscal 2023/24 and its gross indebtedness has more than doubled in the past four years. From the second half of 2023 onwards, China is expected to see growth rates recover to around 4%, a considerable rate for Chinese manufacturing.
Fastener News Desk
FEBRUARY 5, 2024
The four manufacturing industries reporting growth in January are: Apparel, Leather & Allied Products; Textile Mills; Transportation Equipment; and Chemical Products. percent increase over 2023. Currently, orders are positive in our automotive OEM and automotive aftermarket business. We had budgeted a 3.5-percent
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