Inside Supply Management Magazine

November/December 2022

November 2022 ISM® Report On Business®: Manufacturing

November 08, 2022

The U.S. manufacturing sector grew in October, as the Manufacturing PMI® registered 50.2 percent, 0.7 percentage point below the reading of 50.9 percent recorded in September. The Manufacturing PMI® indicated weak sector expansion and U.S. economic growth in October. Of the five subindexes that directly factor into the Manufacturing PMI®, two (Production and Inventories) were in growth territory. 

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