Friday, October 2, 2009

ISM illustrated

  • "Purchasing remains a challenge as suppliers now seem to be trying to raise pricing at any sign of life in the economy." (Computer & Electronic Products)
  • "Business is picking up — lots of opportunities." (Primary Metals)
  • "Agricultural commodities continue to weaken, with the exception of the domestic and world sugar markets." (Food, Beverage & Tobacco Products)
  • "Automotive demand continues to be strong even after 'cash for clunkers.'" (Fabricated Metal Products)
  • "Business remains slow, with no sign of improvement again this month." (Nonmetallic Mineral Products)
MANUFACTURING AT A GLANCE
SEPTEMBER 2009


Index
Series
Index
September
Series
Index
August
Percentage
Point
Change


Direction
Rate
of
Change

Trend*
(Months)
PMI 52.6 52.9 -0.3 Growing Slower 2
New Orders 60.8 64.9 -4.1 Growing Slower 3
Production 55.7 61.9 -6.2 Growing Slower 4
Employment 46.2 46.4 -0.2 Contracting Faster 14
Supplier Deliveries 58.0 57.1 +0.9 Slowing Faster 4
Inventories 42.5 34.4 +8.1 Contracting Slower 41
Customers' Inventories 39.0 39.0 0 Too Low Same 6
Prices 63.5 65.0 -1.5 Increasing Slower 3
Backlog of Orders 53.5 52.5 +1.0 Growing Faster 2
Exports 55.0 55.5 -0.5 Growing Slower 3
Imports 52.0 49.5 +2.5 Growing From Contracting 1







OVERALL ECONOMY Growing Slower 5
Manufacturing Sector Growing Slower 2

*Number of months moving in current direction.