Industry News

The current conditions component remained steady at 57.7 in July, the same value reported in June. Most respondents, 69 percent, described current conditions as “unchanged” while 23 percent considered them “better”. Comments from panel members reflect this stability, with some noting improvements in orders, while others reported having excess inventory. The median value of responses regarding the reported magnitude of change in current conditions remained at 0.0, which is unchanged from last month.

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