The May 2012 ISM Manufacturing Survey PMI declined -1.3 percentage points to 53.5% and indicates U.S. Manufacturing grew at slower pace in May, yet new orders hit a high not seen since April 2011. Prices paid for raw materials absolutely plunged and is the lowest since December 2011. Survey comment responses were a mixed bag, but generally positive overall. Chemical Products appears to have had a bad month.
The April 2012 ISM Manufacturing Survey increased +1.4 percentage points to 54.8% PMI, and indicates U.S. Manufacturing grew at a faster pace in April. Survey respondents are concerned about economic conditions in Europe and worry about the meager U.S. job growth. Food and Beverages report warm weather increased their sales and Computers & Electronics says sales are slowing.
The February 2012 ISM Non-manufacturing report shows the overall index increased +0.5 to 57.3%. The NMI is also referred to as the services index, or service sector index.
U.S. manufacturing expanded in January primarily due to new orders and production. The January 2012 ISM Manufacturing Surveyincreased +1.0 percentage points to 54.1% PMI. December PMI was revised down, from 53.9% to 53.1% in the ISM's annual revisions. The revisions changed mainly due to the U.S.
U.S. manufacturing expanded in December primarily due to employment and production. The December 2011 ISM Manufacturing Surveyincreased +1.2 percentage points to 53.9% PMI.
The ISM Non-manufacturing report for November 2011 shows the overall index decreased 0.9 to 52%, the lowest NMI since January 2010. This report is also referred to as the services index, or service sector index.
U.S. manufacturing expanded in November. The November 2011 ISM Manufacturing Surveyincreased +1.9 percentage points to 52.7% PMI. Below is the manufacturing composite index, PMI, on an upswing, similar to August 2009.
The October 2011 ISM Manufacturing Surveydecreased -0.8 percentage points to 50.8% PMI. While still considered expansion, this is a slowdown from last month. Below is the manufacturing composite index, PMI, still around 2008 levels.
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