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. There is a real short-term increase in the cost of international freight.”
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. Copper; Electrical Components (2); Electricity (2); Electronic Components (25); Freight*; Labor — Temporary (4); Semiconductors; and Zinc.
Fastener News Desk
AUGUST 3, 2022
Five industries reported growth in production during the month of July: Apparel, Leather & Allied Products; Petroleum & Coal Products; Computer & Electronic Products; Transportation Equipment; and Plastics & Rubber Products. An index above 52.4 An Employment Index above 50.5 An Inventories Index greater than 44.4
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