Manufacturing ISM Report On Business®

WHAT RESPONDENTS ARE SAYING ...
  • "Continued weakness in the dollar is having a negative effect on the components we purchase overseas and increasing our material costs." (Transportation Equipment)
  • "Lead times are increasing significantly, and commodity pricing is starting to increase." (Chemical Products)
  • "January/February sales will be decent, and we see a strong March. We're cautiously optimistic but reluctant to hire." (Fabricated Metal Products)
  • "Business is still slow with no pick-up in sight." (Furniture & Related Products)
  • "We continue to see unexpected strength in many non-U.S. markets." (Fabricated Metal Products)
MANUFACTURING AT A GLANCE
JANUARY 2011


Index
Series
Index
January
Series
Index
December
Percentage
Point
Change


Direction
Rate
of
Change

Trend*
(Months)
PMI 60.8 58.5 +2.3 Growing Faster 18
New Orders 67.8 62.0 +5.8 Growing Faster 19
Production 63.5 63.0 +0.5 Growing Faster 20
Employment 61.7 58.9 +2.8 Growing Faster 16
Supplier Deliveries 58.6 56.7 +1.9 Slowing Faster 20
Inventories 52.4 51.8 +0.6 Growing Faster 7
Customers' Inventories 45.5 40.0 +5.5 Too Low Slower 22
Prices 81.5 72.5 +9.0 Increasing Faster 19
Backlog of Orders 58.0 47.0 +11.0 Growing From Contracting 1
Exports 62.0 54.5 +7.5 Growing Faster 19
Imports 55.0 50.5 +4.5 Growing Faster 17
             
OVERALL ECONOMY Growing Faster 20
Manufacturing Sector Growing Faster 18

*Number of months moving in current direction.
Indexes reflect newly released seasonal adjustment factors.

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