Q3 Economic Indicators and Statistics
American Global Logistics
OCTOBER 25, 2023
The manufacturing sector cut 12,000 jobs. With that, let’s turn to and analyze PMI-Manufacturing. Key Economic Indicator #5: PMI-Manufacturing The S&P Global US Manufacturing PMI for October 2023 increased to 49.8 Conversely, a score below 50 indicates declining manufacturing activity. The GSCPI rose to -0.69
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