Area manufacturers report material cost increases of up to 35%

PMI at highest level since February 2018

Last updated on April 8th, 2021 at 12:44 pmMilwaukee-area manufacturers say material costs are up between 10% and 35% while increased lead times continue to be the source of headache, according to the latest montly Marquette-ISM Report on Manufacturing. Despite challenges in the industry, nearly half of respondents surveyed in the report expect market conditions

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