Why The October Manufacturing PMI® registered 50.2%.

On this special live episode of Manufacturing Talk Radio hosts Lew and Tim welcome back Tim Fiore to discuss the latest report. The October Manufacturing PMI® registered 50.2%. While this represents a 0.7% dip since September’s PMI of 50.9% we are technically still in expansion territory but inching ever closer to contraction. Listen in as Tim Fiore sheds light on the factors that contributed to this month’s report including a drop in new orders and backlogs, increased raw materials inventories, and an overall decrease in prices.

Every month Tim Fiore joins Manufacturing Talk Radio live the day the report is released (the first business day of the month) to give his unique perspective on the latest report. Subscribe to Manufacturing Talk Radio on your favorite podcast platform or YouTube and stay informed on the latest manufacturing news with new episodes every week.