December manufacturing output declines, to finish 2022, reports ISM

The report’s key metric, the PMI, came in at 48.4 (a reading of 50 or higher indicates growth), down 0.6% from November’s 49.0, contracting, at a faster rate, for the second consecutive month. The last two months of contraction were preceded by a stretch of 29 consecutive months of growth. ISM added that the overall economy contracted in December, following 30 consecutive months of growth.

source https://www.supplychain247.com/article/december_manufacturing_output_declines_to_finish_2022_reports_ism

Comments

Bespoke Manufacturing Company picks Zebra’s industrial and robotics automation solution

US apparel manufacturing company BMC relies on Zebra’s Fetch robotics and fixed industrial scanning solution to fast-track workpieces in the manufacturing process and scale the business source https://www.supplychain247.com/article/bespoke_manufacturing_company_picks_zebras_industrial_and_robotics_automati

The Benefits of Lithium-ion Batteries to a Lift Truck Fleet Operation

In this podcast, group editorial director Michael Levans is joined Robin Schneider, PhD, director of marketing at Green Cubes Technology. source https://www.supplychain247.comhttps://www.supplychain247.com/article/the_benefits_of_lithium_ion_batteries_to_a_lift_truck_fleet_operation

How Modern Logistics Companies Turn COVID Chaos into Long-Term Business Efficiency

COVID persists and supply chain operations are not expected to break from the current mode of remote workforce operations, however, smart operators are creating new opportunities by adopting forward-looking TMS solutions. source https://www.supplychain247.comhttps://www.supplychain247.com/article/logistics_companies_turn_covid_chaos_into_long_term_business_efficiency

Supply chain trade & visibility

Search This Blog