US Manufacturing Picture Continues to Improve Print E-mail
Written by Mike Buetow   
Wednesday, 01 February 2012 15:16

TEMPE, AZ — US manufacturing activity rose in January to its highest point since June, according to the latest survey of the nation's supply executives.

The Institute for Supply Management's PMI rose one point month-over-month to 54.1%, the 30th consecutive month of growth.

The New Orders Index increased 2.8 percentage points from December's seasonally adjusted reading to 57.6%, the 33rd consecutive month of growth. Raw material prices increased for the first time in four months.

"Manufacturing is starting out the year on a positive note, with new orders, production and employment all growing in January," spokesman Bradley J. Holcomb said.

Among the industries reporting growth was Computer & Electronic Products.

 

Manufacturing At a Glance
January 2012


Index
Series
Index
Jan
Series
Index
Dec
Percentage
Point
Change


Direction
Rate
of
Change

Trend*
(Months)
PMI 54.1 53.1 +1.0 Growing Faster 30
New Orders 57.6 54.8 +2.8 Growing Faster 33
Production 55.7 58.9 -3.2 Growing Slower 32
Employment 54.3 54.8 -0.5 Growing Slower 28
Supplier Deliveries 53.6 51.5 +2.1 Slowing Faster 31
Inventories 49.5 45.5 +4.0 Contracting Slower 4
Customers' Inventories 47.5 42.5 +5.0 Too Low Slower 2
Prices 55.5 47.5 +8.0 Increasing From Decreasing 1
Backlog of Orders 52.5 48.0 +4.5 Growing From Contracting 1
Exports 55.0 53.0 +2.0 Growing Faster 3
Imports 52.5 54.0 -1.5 Growing Slower 2
OVERALL ECONOMY Growing Faster 32
Manufacturing Sector Growing Faster 30

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

Source: ISM

 

Search

Search

Login

CB Login

Language

Language

English French German Italian Portuguese Russian Spanish
 


Printed Circuit Design & Fab Magazine on Facebook