Manufacturing PMI® at 47.1%; April 2023 Manufacturing ISM® Report On Business®
Fastener News Desk
MAY 4, 2023
The April composite index reading reflects companies continuing to manage outputs to better match demand for the first half of 2023 and prepare for growth in the late summer/early fall period. . Supply chains are prepared and eager for growth, as panelists’ comments support reduced lead times for their more important purchases.
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