October Manufacturing ISM Report On Business®; PMI at 50.8%; New Orders, Production and Employment Growing; Supplier Deliveries Slowing; Inventories Contracting

Imports(c)

ISM’s Imports Index registered 49.5 percent in October, which is 5 percentage points lower than the 54.5 percent reported in September. This is the first month of contraction in the index following 25 consecutive months of growth.

The five industries reporting growth in imports during the month of October are: Nonmetallic Mineral Products; Plastics & Rubber Products; Printing & Related Support Activities; Fabricated Metal Products; and Miscellaneous Manufacturing. The eight industries reporting a decrease in imports during October — listed in order — are: Primary Metals; Textile Mills; Computer & Electronic Products; Transportation Equipment; Electrical Equipment, Appliances & Components; Machinery; Chemical Products; and Apparel, Leather & Allied Products.

Imports          

%
Reporting

    %Higher     %Same     %Lower     Net     Index
 
Oct 2011 75 13 73 14 -1 49.5
Sep 2011 80 19 71 10 +9 54.5
Aug 2011 77 18 75 7 +11 55.5
Jul 2011 74 17 73 10 +7 53.5

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