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Interstellar Group

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ISM: There was no soft landing for manufacturing in 2023

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04

2024-01

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2024-01-04
Market Forecast
ISM: There was no soft landing for manufacturing in 2023

Summary

December marked the 14th month of contraction for ISM manufacturing, at least it was a slightly milder pace of contraction. Production is back above 50 and November’s jump in prices proved to be the anomaly we suspected it would be. Labor prospects remain dim.

 

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