February 2020 Manufacturing ISM® Report On Business®

PMI® at 50.1%

GDP Growing at 2.1%

Production Growing; New Orders and Employment Contracting

Supplier Deliveries Slowing at Faster Rate; Backlog Growing

Raw Materials Inventories Contracting; Customers’ Inventories Too Low

Prices Decreasing; Exports Growing; and Imports Contracting

(Tempe, Arizona) — Economic activity in the manufacturing sector grew in February, and the overall economy grew for the 130th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

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Posted in ISM Report on Business.

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