Ryan Burns’ Post

After 16 months of sustained contraction the March Purchasing Manager’s Index came in at 50.3% (FYI: anything above 50% is growth, below is contraction) indicating manufacturing economic activity expanded for the first time since September 2022. Timothy Fiore, chair of the ISM’s manufacturing business survey committee commented, “Demand remains at the early stages of recovery, with clear signs of improving conditions.” #manufacturing #supplychain #PMI #economicoutlook #growth

Nationwide manufacturing contracted for the 12th month in a row according to the closely watched PMI measure from the Institute of Supply Management (ISM). #mfg #manufacturingexcellence #manufacturingnews #manufacturingindustry #manufacturingmatters #industrynews

Manufacturing economic activity contracted at a faster rate in February. Following the January figure of 49.1%, the highest reading in over a year, February’s Purchasing Manager’s Index registered 47.8%, down 1.3 points. “Four out of five subindexes that directly factor into the Manufacturing PMI are in contraction territory, up from three in January.

US Manufacturing Sector Shows Signs of Stabilization in July August 01, 2023: The US manufacturing sector exhibited signs of stabilization in July, with the final S&P Global Manufacturing Purchasing Managers’ Index (PMI) at 49.0, the same as the preliminary reading. https://lnkd.in/gaY8w7VZ #BreakingNews #NewsUpdate #trending #trendingnews #NewsUpdate #BreakingNews #BREAKING #americanceomagazine

Manufacturing activity stabilized in October following five months of contraction, with the S&P Global Flash U.S. Manufacturing PMI improving from 49.8 in September to 50.0 in October. New orders (up from 48.5 to 51.0) and output (up from 49.7 to 51.1) rebounded in the latest survey, but exports (down from 49.2 to 48.6) and employment (down from 51.4 49.8) decreased. It was the first negative reading for hiring since January. Manufacturers remained upbeat in their expectations for future output (down from 70.2 to 63.7) despite some notable slippage in October, and input costs (up from 54.9 to 56.6) accelerated for the fourth consecutive month. At the same time, the S&P Global Flash U.S. Services Business Activity Index also improved in October, up from 50.1 to 50.9. #manufacturing #output #economy #outlook https://lnkd.in/g8sNwUsH

ISM report: manufacturing activity contracts in April

Manufacturing PMI® at 47.6%; August 2023 Manufacturing ISM® Report On Business® Economic activity in the manufacturing sector contracted in August for the 10th consecutive month following a 28-month period of growth, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®. Read full release: https://lnkd.in/eGRHmHyt #fastenernews #fasteners #distribution #manufacturing #usmfg #supplychain #ISM #MFGPMI

✨ “Demand is up across the board. We are starting to see back orders grow again.” -Transportation Equipment Industry Survey Respondent Might 2024 be a new dawn for U.S. #manufacturing? While activity in the sector continued to contract in December, an uptick in some key metrics prevented the index from sinking further, while manufacturer comments were largely optimistic. Get our key takeaways on the ISM's survey of purchasing executives and see what manufacturing executives are saying about business conditions!  #ism #manufacturingnews #manufacturingindustry #madeinusa #useconomy #economicindicators #mfg #breakingnews

Good news for manufacturers! “Of the six biggest manufacturing industries, four (food, beverage & tobacco products; fabricated metal products; chemical products; and transportation equipment) registered growth in March,” says Timothy Fiore, chair of the ISM’s manufacturing business survey committee. Both the new orders index and the production index moved into expansion territory. New orders saw a 2.2 percentage point increase from February; production garnered a whopping 6.2 point increase for a March reading of 54.6%. Anything lower than 50% represents contraction. At 47.4% the employment index is contracting at a slower rate, gaining 1.5 points from February. #ecommerce #b2b #manufacturing #economy https://lnkd.in/gkPby9u8

Manufacturing economic activity continued to contract last month, according to the Institute for Supply Management’s October 2023 manufacturing sector report. Coming in at 46.7%, the October Purchasing Manager’s Index registered 2.3 points lower than September’s reading of 49%. "Of the five subindexes that directly factor into the Manufacturing PMI, only one (the production index) is in expansion territory, down from two in September,” said Timothy Fiore, chair of the ISM’s manufacturing business survey committee. Get an in depth look by reading along with Industrial Mill & Maintenance Supply https://bit.ly/3FYEA0G