ISM: U.S. Manufacturing Activity Sees First Contraction in 29 Months

December 2, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Manufacturing activity in the U.S. contracted for the first time since May 2020, according to a survey by the Institute for Supply Management (ISM). The survey respondents noted conditions pointing to lower output in the future. Despite this, Industrial Info's project data shows U.S. manufacturing project activity remains robust.

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