Remove 2024 Remove Apparel Remove Lead Time Remove Supply Chain
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Manufacturing PMI® at 47.8%; February 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

Suppliers continue to have capacity but are showing signs of struggling, due in part to their raw material supply chains. Most delivery dates are in the second quarter of 2024.” Working through customer backlog with some raw material lead times improving.” We may increase our growth projections.”

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

Fastener News Desk

The Customers’ Inventories Index reading indicated improved supply chain efficiency, as output improved and customers’ inventories continued to decline. Manufacturing supplier lead times continue to decrease, but at a slow pace. However, many forecasts are set for the beginning of 2024.

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Manufacturing PMI® at 46.9%; May 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

Manufacturing lead times clearly improved in the month. Supply chains are prepared and eager for growth, as panelists’ comments and the data support reduced lead times for their companies’ more important purchases. Supply shortages are limited to select items only. .”

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

Fastener News Desk

Manufacturing supplier lead times continue to decrease, a positive for future economic activity. The 2024 forecast looks challenging, specially from a cost perspective.” ” [Chemical Products] “Nearly all microchip supply issues have been resolved, finally bringing an end to the three-year chip shortage.

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

Fastener News Desk

Sentiment improved regarding manufacturing lead times, although they remain at elevated levels. We’re continuing to ship to max capacity, with supply constraints still a real part of our day-to-day business operations.” The outlook for 2024 remains uncertain, and we continue to be cautious about building inventories.”