Manufacturing PMI® at 49.1%; January 2024 Manufacturing ISM® Report On Business®
Fastener News Desk
FEBRUARY 5, 2024
Sixty-two percent of manufacturing gross domestic product (GDP) contracted in January, down from 84 percent in December. There is a real short-term increase in the cost of international freight.” Currently, orders are positive in our automotive OEM and automotive aftermarket business.
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