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Trucking News

Steady Growth: Manufacturing in February 2022

Social Posts / February 3, 2022
MFW Social Posts
February 3, 2022

 

Manufacturing growth continues on solid footing in January, per the ISM Index.

New orders, which are looked at as the drivers of manufacturing, dropped 3.1% to 57.9, showing growth for the 20th consecutive month – with five of the six largest manufacturing expanding at moderate-to-strong levels. Within the last 19 months, January was the only second time that new orders did not eclipse a reading of 60.

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