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.
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
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
MARCH 5, 2023
With Business Survey Committee panelists reporting softening new order rates over the previous nine months, the February 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 second half of the year. .” Fiore continues, “The U.S.
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. Sentiment improved regarding manufacturing lead times, although they remain at elevated levels. percentage points lower than the 49.6
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. Manufacturing lead times clearly improved in the month. .” Fiore continues, “The U.S.
Fastener News Desk
MARCH 4, 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 1 percent in February, compared to 27 percent in January and 48 percent in December. Working through customer backlog with some raw material lead times improving.”
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