Manufacturing PMI® at 46.9%; May 2023 Manufacturing ISM® Report On Business®
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. Logistics, particularly from East Asia , continue to return to historical-level transit times; Europe and India remain elevated.
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