October 2022 Manufacturing ISM® Report On Business®

Manufacturing PMI® at 50.2% New Orders Contracting Production Growing; Backlogs Contracting Supplier Deliveries Faster Raw Materials Inventories Growing; Customers’ Inventories Too Low Prices Decreasing; Exports Contracting; Imports Growing (Tempe, Arizona) — Economic activity in the manufacturing sector grew in October, with the overall economy achieving a 29th consecutive month of growth, say the nation’s supply …

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