July Manufacturing ISM Report On Business®; PMI at 50.9%; Production and Employment Growing; Supplier Deliveries Slower; New Orders and Inventories Contracting

New Export Orders(c)

ISM’s New Export Orders Index registered 54 percent in July, which is 0.5 percentage point higher than the 53.5 percent reported in June. This is the 25th consecutive month of growth in the New Export Orders Index.

The nine industries reporting growth in new export orders in July — listed in order — are: Paper Products; Primary Metals; Miscellaneous Manufacturing; Fabricated Metal Products; Food, Beverage & Tobacco Products; Computer & Electronic Products; Transportation Equipment; Machinery; and Chemical Products. The four industries reporting a decrease in new export orders during July are: Nonmetallic Mineral Products; Apparel, Leather & Allied Products; Plastics & Rubber Products; and Electrical Equipment, Appliances & Components.

New Export Orders          

%
Reporting

    %Higher     %Same     %Lower     Net     Index
 
Jul 2011 77 19 70 11 +8 54.0
Jun 2011 76 17 73 10 +7 53.5
May 2011 79 20 70 10 +10 55.0
Apr 2011 81 28 68 4 +24 62.0

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