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Consultant Insight: US manufacturing activity slows

Cathy RobersonbyCathy Roberson
January 6, 2023
in Archive
Reading Time: 3 mins read
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As 2022 ended, U.S. manufacturing activity declined while inventory levels remained high. The 2023 outlook is cautiously optimistic, with demand unlikely to pick up until the second quarter.  According to S&P’s latest U.S. Manufacturing PMI report, December’s purchasing manufacturing index (PMI) stood at 46.2, down from 47.7 in November, with the index marking 50 as […]

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