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Companies Gear for Strong H2 in ISM Report

US DATA

Highlights of the ISM report:

  • This figure indicates a third month of contraction after a 30-month period of expansion
  • ISM reflects companies continuing to slow outputs to better match demand for the first half of 2023 and prepare for growth in the second half of the year
  • Of the six biggest manufacturing industries, two — Transportation Equipment; and Petroleum & Coal Products — registered growth in February
  • Companies continue to attempt to maintain head-count levels through the projected slow first half of the year in preparation for a stronger performance in the second half
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
Energy BulletsCommodities
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
Energy BulletsCommodities

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