The Purchasing Managers’ Index (PMI) indicates that the manufacturing sector is gearing up for a potential growth cycle, signaling optimism for the industry’s future.
However, economists are cautioning that the anticipated rebound may not immediately translate into increased hiring.
https://www.manufacturingdive.com/news/pmi-january–2024-ism-s-and-p-global-hiring-layoffs-manufacturing-demand/706305/