Manufacturing starts 2022 with continued growth, reports ISM

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_starts_2022_with_continued_growth_reports_ism