Manufacturing PMI® at 46%; June 2023 Manufacturing ISM® Report On Business®
Fastener News Desk
JULY 4, 2023
The Production Index reading of 46.7 A potential bright spot: The Customers’ Inventories Index dropped into ‘too low’ territory, a positive for future production. Output/Consumption (measured by the Production and Employment indexes) was negative, with a combined 7.7-percentage percent recorded in May.
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