New Orders and Production Contracting; Backlogs Contracting; Supplier Deliveries Faster; Raw Materials Inventories Contracting; Customers’ Inventories Too Low; Prices Decreasing; Exports and Imports Contracting TEMPE, Ariz., April 3, 2023 /PRNewswire/ — Economic activity in the manufacturing sector contracted in March for the fifth consecutive month following a 28-month period of growth, say the nation’s supply executives in the latest Manufacturing ISM® Report On … Continue reading Manufacturing PMI® at 46.3%; March 2023 Manufacturing ISM® Report On Business®