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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 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.” ” [Miscellaneous Manufacturing] “We reflected on 2023 for maybe a minute and turned the page forward to 2024.

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Canada Goose announces a jump in sales across Asia, but slow elsewhere

Canadian Manufacturing

The luxury apparel company said purchases in Macao and Hong Kong led the way spurred by tourism from mainland China, where store traffic doubled. For its full 2024 financial year, Canada Goose forecast total revenue of $1.28 Canada Goose Holdings Inc. Sales in Asia jumped 62 per cent year over year in the quarter ended Dec.

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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. However, many forecasts are set for the beginning of 2024. Output/Consumption (measured by the Production and Employment indexes) was positive, with a combined 5.2-percentage

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

Fastener News Desk

Supply chains are prepared and eager for growth, as panelists’ comments and the data support reduced lead times for their companies’ more important purchases. Labor shortages are getting better within our organization and throughout our supply chain.” 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

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. ET on Wednesday, January 3, 2024. Material prices are remaining relatively flat.

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

Fastener News Desk

We’re continuing to ship to max capacity, with supply constraints still a real part of our day-to-day business operations.” This is likely due to customers’ increased confidence in the supply chain, (which) has them reducing their inventories. Customers are also being pinched with higher interest rates.