February 2023 Manufacturing ISM® Report On Business®
Manufacturing PMI® at 47.7% New Orders and Production Contracting Backlogs Contracting Supplier Deliveries Faster Raw Materials Inventories Growing; Customers’ Inventories Too Low Prices Increasing; Exports and Imports Contracting (Tempe, Arizona) — Economic activity in the manufacturing sector contracted in February for the fourth consecutive monthfollowing a 28-month period of growth, say the nation’s supply executives …