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Manufacturing output decreases for eighth consecutive month, reports ISM

Manufacturing output decreases for eighth consecutive month, reports ISM
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Tim fioreInstitute for supply managementManufacturing business survey committeeA computer electronicsManufacturing reportSupply managementRelated support activitiesNonmetallic mineral productsPrimary metalsRubber productsWood productsTextile millsChemical productsMiscellaneous manufacturingElectrical equipmentElectronic products

Manufacturing sector lifted by construction spending

Higher borrowing costs are one factor holding back the manufacturing sector. And there's a chance layoffs could be coming.

United statesTim fioreJonathan millarCensus bureauNational association of manufacturersInstitute for supply managementGeneral motorsSupply managementChad moutrayNational association

Manufacturing declines for the seventh straight month in May, reports ISM

Manufacturing declines for the seventh straight month in May, reports ISM
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Tim fioreManufacturing business survey committeeInstitute for supply managementPetroleum coal productsManufacturing reportSupply managementNonmetallic mineral productsRelated productsTransportation equipmentFabricated metal productsWood productsPrimary metalsAllied productsTextile millsPaper productsRelated support activities

Manufacturing output declines again in May, reports ISM

The report’s key metric, the PMI, registered a 46.9 reading (a reading of 50 or higher indicates growth), falling 0.2% off of April’s 47.1 reading.

Jeff bermanTim fioreManufacturing business survey committeePetroleum coal productsGroup news editorInstitute for supply managementManufacturing reportSupply managementNonmetallic mineral productsRelated productsTransportation equipmentFabricated metal productsWood productsPrimary metalsAllied productsTextile mills

ISM Semiannual report calls for manufacturing and services sector growth, at lower levels, in 2023

ISM Semiannual report calls for manufacturing and services sector growth, at lower levels, in 2023
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Tim fioreTony nievesManufacturing business survey committeeInstitute for supply managementBusiness survey committeeEconomic forecastSupply managementSemiannual economic forecastSurvey committee