In its monthly Manufacturing Report on Business, ISM said that the report’s key metric, the PMI, at 57.6 (a reading of 50 or higher indicates growth), was down 1.2% compared to December’s 58.8. This marks the 20th consecutive month of growth, at a slower rate, coupled with January also representing the 20th consecutive month of growth for the overall economy.
source https://www.supplychain247.com/article/manufacturing_begins_2022_with_continued_growth_reports_ism
source https://www.supplychain247.com/article/manufacturing_begins_2022_with_continued_growth_reports_ism
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