US Manufactures: Inflation Is “Out of Control,” Has Not Peaked, but “Intensified” amid Strong Demand, Shortages, and Lengthening Lead Times

by Wolf Richter, Wolf Street: “Efforts to stockpile” input materials to counter price increases and shortages. But finished goods inventories continued to fall. The two US manufacturing PMIs released today – they’re based on the views of manufacturing executives about their own companies compared to what they saw in the prior month – painted a […]

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