ISM’s latest semiannual report optimistic on 2023 growth prospects

For manufacturing, ISM is estimating a 5.5% revenue gain in 2023, falling short of its 6.5% estimate from its predecessor report in May and its 9.2% 2022 growth rate. ISM member panelists are calling for 2023 services-based economy revenues to see a 3.1% gain in 2023, topping 2022’s 2.1% gain, which fell short of May’s 4.9% estimate.

source https://www.supplychain247.com/article/isms_latest_semiannual_report_optimistic_on_2023_growth_prospects

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