November 2011 Manufacturing ISM Report On Business®: Summary

WHAT RESPONDENTS ARE SAYING ...
  • "Business still holding its own. Some growth in margin now that some of the raw materials prices have abated. Oil is pushing $100 so that has not been favorable." (Chemical Products)
  • "Orders for the remaining two months have increased after an extended 'summer dip' in sales overall. We expect to finish the year approximately 10 percent above 2010." (Electrical Equipment, Appliances & Components)
  • "Seeing a slight slowdown in orders; could be related to the holidays." (Primary Metals)
  • "Material lead times are getting longer. Seems like no one is hiring. Trying to do twice the output with the same amount of people." (Food, Beverage & Tobacco Products)
  • "Japanese auto production has returned to 100 percent, and domestic manufacturing continues to increase." (Fabricated Metal Products)
  • "Oil exploration seems to be really picking up. Government is permitting again, so business is the busiest we've ever seen." (Computer & Electronic Products)
  • "The EPS ruling about higher fees for coal-generated electricity can have a huge, negative impact on our business if implemented in January 2012. We are at the peak of our seasonal demand push." (Plastics & Rubber Products)
  • "Thailand flood impacting our business. Honda and Toyota cut production forecasts, and we are chasing some components made in Thailand." (Transportation Equipment)
MANUFACTURING AT A GLANCE
NOVEMBER 2011


Index
Series
Index
Nov
Series
Index
Oct
Percentage
Point
Change


Direction
Rate
of
Change

Trend*
(Months)
PMI 52.7 50.8 +1.9 Growing Faster 28
New Orders 56.7 52.4 +4.3 Growing Faster 2
Production 56.6 50.1 +6.5 Growing Faster 3
Employment 51.8 53.5 -1.7 Growing Slower 26
Supplier Deliveries 49.9 51.3 -1.4 Faster From Slowing 1
Inventories 48.3 46.7 +1.6 Contracting Slower 2
Customers' Inventories 50.0 43.5 +6.5 Unchanged From Too Low 1
Prices 45.0 41.0 +4.0 Decreasing Slower 2
Backlog of Orders 45.0 47.5 -2.5 Contracting Faster 6
Exports 52.0 50.0 +2.0 Growing From Unchanged 1
Imports 49.0 49.5 -0.5 Contracting Faster 2
OVERALL ECONOMY Growing Faster 30
Manufacturing Sector Growing Faster 28

*Number of months moving in current direction.

See full report

 

What did you think of this article?




Trackbacks
  • No trackbacks exist for this post.
Comments
  • No comments exist for this post.
Leave a comment

Comments are closed.