Apparel Beverage Composites Supply Chain 
Fastener News Desk
FEBRUARY 5, 2024
More importantly, the share of sector GDP registering a composite PMI ® calculation at or below 45 percent — a good barometer of overall manufacturing weakness — was 27 percent in January, compared to 48 percent in December, and 54 percent in November. ” [Food, Beverage & Tobacco Products] “U.S.
Fastener News Desk
APRIL 3, 2023
With Business Survey Committee panelists reporting softening new order rates over the previous 10 months, the March composite index reading reflects companies continuing to slow outputs to better match demand for the first half of 2023 and prepare for growth in the late summer/early fall period. .” Fiore continues, “The U.S.
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Fastener News Desk
OCTOBER 4, 2023
The Customers’ Inventories Index reading indicated improved supply chain efficiency, as output improved and customers’ inventories continued to decline. “Of the six biggest manufacturing industries, two — Food, Beverage & Tobacco Products; and Petroleum & Coal Products — registered growth in September.
Fastener News Desk
JUNE 7, 2023
The May 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. . Labor shortages are getting better within our organization and throughout our supply chain.”
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.
Fastener News Desk
SEPTEMBER 5, 2023
The August composite index reading reflects companies managing outputs appropriately as order softness continues, but the month-over-month increase is a sign of improvement. This is likely due to customers’ increased confidence in the supply chain, (which) has them reducing their inventories. percent reported in July.”
Fastener News Desk
MARCH 4, 2024
Suppliers continue to have capacity but are showing signs of struggling, due in part to their raw material supply chains. ” [Food, Beverage & Tobacco Products] “Customer softness continues in China , Japan and Europe.” Additional distribution has allowed us to maintain consistent production shifts.”
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