cool down, manufacturing, PMI

U.S. Factory Activity Cooled in February

U.S. manufacturers may be facing a bumpy ride in Q1 as the nation’s factory activity cooled in February. New orders, production and employment all declined from January levels, according to the Institute for Supply Management (ISM), and the PMI dropped 2.4 percentage points to 54.2 percent. As long as the PMI remains above 50, the manufacturing industry continues to expand. “We are still in the…

U.S. Factory Activity Plunges to a 4-Year Low; Electronics Industry Stalls

U.S. factory activity in December plunged to a four-year low as new orders, production and employment declined sharply from November 2018 levels. Even the electronics industry, which struggled to meet component demand for the entirety of last year, abruptly hit the brakes. “Growth appears to have stopped,” a computer and electronics executive told the Institute for…

Pasternack Inks Private-Label Agreement with PMI

Pasternack, a leading provider of RF, microwave and millimeter wave products, has signed an agreement with Planar Monolithics Industries, Inc. (PMI) to private-label a selection of PMI manufactured products under the Pasternack brand name. These new products will be available off-the-shelf for immediate shipping. Through this private-label agreement, Pasternack will expand the visibility of its already extensive portfolio of…