Manufacturing PMI® at 49.1%; January 2024 Manufacturing ISM® Report On Business®
Fastener News Desk
FEBRUARY 5, 2024
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. We) feel January is running high for automotive because at the end of December, many OEMs cancelled the last few weeks of orders to reduce inventory levels.”
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