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Manufacturing PMI® at 49.1%; January 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

The Prices Index climbed into expansion (or ‘increasing’) territory as new pricing levels for 2024 went into effect.” The four manufacturing industries reporting growth in January are: Apparel, Leather & Allied Products; Textile Mills; Transportation Equipment; and Chemical Products. TEMPE, Ariz. , Feb.

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Manufacturing PMI® at 46.7%; November 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

The 2024 forecast looks challenging, specially from a cost perspective.” ” [Machinery] “Automotive sales still impacted by UAW strike. ” [Fabricated Metal Products] “Customer orders have pushed into the first quarter of 2024, resulting in inflated end-of-year inventory.”

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Manufacturing PMI® at 47.6%; August 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

” [Plastics & Rubber Products] “Automotive volume remains strong in preparation for the United Auto Workers’ potential strike at Ford, General Motors and Stellantis. The outlook for 2024 remains uncertain, and we continue to be cautious about building inventories.”

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Manufacturing PMI® at 49%; September 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

” [Apparel, Leather & Allied Products] “Overall, things continue to be very steady: Sales and revenue are as expected, and the supply environment has stabilized greatly versus 2021-22. China relations, and the impact the UAW (United Auto Workers) strike could have on suppliers of ours who support automotive production.