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MFW Social Posts
January 6, 2022
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A slight dip from November to December had no interruption on the output of manufacturing to remain on its growth path to finish out 2021. In Institute for Supply Management‘s monthly Manufacturing Report on Business, it stated that the key metric, the PMI, showed December at 58.7 (50 or higher indicates growth), down 2.4% compared to November. December marks the 19th consecutive month of growth with a PMI of 58.7, which marks the lowest reading in the last 12 months – matching January 2021, while March led with the highest PMI of 64.7. Do you think Q1 will continue a steady growth track in manufacturing output, or will we finally see a plateau? #supplychain #transportation #logistics #trucking #shipping #manufacturing |