The manufacturing sector expanded in June following four months of contraction, according to the latest Manufacturing ISM Report On Business.
The manufacturing sector showed a slight improvement in June as the PMI registered above 50% after four months of decline. According to ISM, manufacturers are experiencing higher prices for their inputs while demand for their products is slowing.
A survey respondent in the chemical products sector said that the shock waves from high crude prices continue to put pressure on derivative pricing.” Someone in the machinery sector says they are “seeing renewed interest in outstanding quotes.”
In the fabricated metal products sector, “volume is normal, and we are able to recover some of the raw material (steel cost) …
Manufacturing Expands in June
The manufacturing sector expanded in June following four months of contraction, according to the latest Manufacturing ISM Report On Business.
The manufacturing sector showed a slight improvement in June as the PMI registered above 50% after four months of decline. According to ISM, manufacturers are experiencing higher prices for their inputs while demand for their products is slowing.
A survey respondent in the chemical products sector said that the shock waves from high crude prices continue to put pressure on derivative pricing.” Someone in the machinery sector says they are “seeing renewed interest in outstanding quotes.”
In the fabricated metal products sector, “volume is normal, and we are able to recover some of the raw material (steel cost) …
Share this article
- Filed In: Economic Trends, Free, News, Research & Analytics, Subscriber Only
Log In
Read the latest articles and see your reports.
Popular Now
MDM Directories
Sign Up for the MDM Update Newsletter
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.
