IIoT

Just Because There's A Manufacturing Downturn Does Not Mean A Recession Is Coming

Laurie Harbour

September marked the worst month for U.S. manufacturing since the great recession, according to the Institute for Supply Management’s manufacturing index also known as PMI. The index was below 50 for the second month in a row (47.8 – September, 49.1 – August), which indicates the industry is contracting.

So, what does this mean for manufacturing as we look towards the future?

Read the full article here: https://www.forbes.com/sites/laurieharbour1/2019/10/03/manufacturing-downturn-doesnt-indicate-a-recession-is-coming/#6ff0d3bb2894