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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

” [Computer & Electronic Products] “Starting to feel softening in the economy, with labor still a challenge to backfill critical roles. The 2024 forecast looks challenging, specially from a cost perspective.” ” [Machinery] “Automotive sales still impacted by UAW strike.

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

Fastener News Desk

” [Computer & Electronic Products] “Demand still weak. ” [Plastics & Rubber Products] “Automotive volume remains strong in preparation for the United Auto Workers’ potential strike at Ford, General Motors and Stellantis. Backlog is dwindling, but still showing robust revenue.”

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

Fastener News Desk

” [Computer & Electronic Products] “We need to coordinate very closely with suppliers in order to yield a more cost-competitive offer. China relations, and the impact the UAW (United Auto Workers) strike could have on suppliers of ours who support automotive production. But overall conditions feel stable.”