Manufacturing rises in September

At 51.5 the purchasing manager’s composite index (PMI) rose 3.83 percent since August 2012 remaining 1.90 percent below the level seen a year earlier, according to the Institute for Supply Management.

By , Guest blogger

  • close
    This chart shows the Institute for Supply Management's purchasing manager's composite index since 1999. Respondents now appear to have mixed assessments of the current state of the economy, according to SoldAtTheTop.
    View Caption

The Institute for Supply Management released their latest Report on Business for the manufacturing sector Monday indicating that manufacturing activity improved in September.

At 51.5 the purchasing manager’s composite index (PMI) rose 3.83% since August remaining 1.90% below the level seen a year earlier.
Respondents now appear to have mixed assessments of the current state of the economy with some reporting continued weakness while others see a better Q4: 


"Appears that our so-called 'slowdown' was a summer thing. September brings with it increasing requirements and business." (Paper Products)

Recommended: Business

"Business improved through Q3, but is beginning to show signs of slowing down in Q4; this has been a typical trend over the last few years." (Wood Products)

"Business has picked up going into the last quarter." (Plastics & Rubber Products)

"We are sticking to our manufacturing plan, but have slowed production down considerably. Haven't added any new units to the 2012 plan, and still have no forecast for 2013 released." (Computer & Electronic Products)

"Sales have tanked over the last two months, bringing a very concerned and stressed management team. Not very optimistic for the near-term future." (Apparel, Leather & Allied Products)

"Uncertainty in the healthcare legislation (reform) continues to be the underlying force keeping our sales revenue below its full potential." (Miscellaneous Manufacturing)

"Steel and aluminum prices still dropping, and auto production orders are up." (Transportation Equipment)

"Domestic business is up; international is down." (Electrical Equipment, Appliances & Components)

"Demand seems to have stabilized from August. New orders are appearing this month without advanced notice from our customers." (Chemical Products)

The Christian Science Monitor has assembled a diverse group of the best economy-related bloggers out there. Our guest bloggers are not employed or directed by the Monitor and the views expressed are the bloggers' own, as is responsibility for the content of their blogs. To contact us about a blogger, click here.To add or view a comment on a guest blog, please go to the blogger's own site by clicking on paper-money.blogspot.com.

Share this story:
 
 
Make a Difference
Inspired? Here are some ways to make a difference on this issue.
Follow Stories Like This
Get the Monitor stories you care about delivered to your inbox.
 

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...