While recent months continued to show a pattern of a slowing down in manufacturing activity, even though the sector was still showing overall growth, data issued today by the Institute for Supply Management in its Manufacturing Report on Business (ISM) showed that manufacturing activity officially contracted in August, snapping a 35-month run of positive growth.
Source: logistics Mgmt
ISM reports manufacturing output contracts for first time since August 2016
Published in News,
More from News,More posts in News, »
- Ongoing demand weakness again impacts FedEx earnings
- Commerce, NRF data shows mixed sequential readings and annual gains
- National diesel average is down, for week of March 13, reports EIA
- Korn Ferry survey highlights impact of Covid on supply chain staff culture
- Truckers waiting out slow first half of year in hopes of solid demand later
Be First to Comment