The November 2022 “Manufacturing ISM Report on Business,” issued by the Institute of Supply Management, showed the Manufacturing Purchasing Managers’ Index fell to 49 percent from the previous month’s 50.2 percent level, its lowest since May 2020 when it was at just 43.5 percent.
But while that index figure indicated slowing economic activity overall, supply chain issues were in more positive territory, the report showed.
The supplier deliveries index reading of 47.2 percent, for exaple, is a 0.4 percentage point higher than the October figure of 46.8 percent, its second straight month of increase.
Such data is important to the healthcare industry given persistent concerns many hospital groups, for example, have over their ability to obtain adequate supplies. The ISM will release its specific hospital report for November data Dec. 7.
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
