Apparel Composites Electronics Sourcing 
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. ” [Transportation Equipment] “Business continues to stabilize. .”
Fastener News Desk
FEBRUARY 3, 2023
With Business Survey Committee panelists reporting softening new order rates over the previous nine months, the January composite index reading reflects companies slowing outputs to better match demand in the first half of 2023 and prepare for growth in the second half of the year. .” Fiore continues, “The U.S.
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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. ” [Computer & Electronic Products] “Demand continues to gain momentum due to new business pipelines finally yielding billable production.
Fastener News Desk
OCTOBER 4, 2023
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 6 percent in September, compared to 15 percent in August and 25 percent in July, a clear positive,” says Fiore. However, many forecasts are set for the beginning of 2024.
Fastener News Desk
DECEMBER 4, 2023
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 54 percent in November, compared to 35 percent in October and 6 percent in September. The 2024 forecast looks challenging, specially from a cost perspective.”
Fastener News Desk
JANUARY 8, 2023
With Business Survey Committee panelists reporting softening new order rates over the previous seven months, the December composite index reading reflects companies’ slowing their output. Electronic components still a major supply chain issue, particularly if the component you need is not the current hot technology.”
Fastener News Desk
AUGUST 3, 2022
“Four of the six biggest manufacturing industries — Petroleum & Coal Products; Computer & Electronic Products; Transportation Equipment; and Machinery — registered moderate-to-strong growth in July. ” [Computer & Electronic Products]. “Manufacturing performed well for the 26th straight month.
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