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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