Recently, the ISM (American Institute of Supply Management) said in the newly released manufacturing report that although the economic activity of the manufacturing industry has seen a second contraction since July 2009 in July, the overall situation of the manufacturing industry is welcoming. Coming to the 38th month of continuous growth.
It is reported that the report was released by Bradley J. Holcomb, president of the American Institute of Supply Management. The report shows: "The PMI index in July was 49.8%, which was 0.1 percentage points higher than the 49.7% in June. The new order index is at This month was 48%, up 0.2 percentage points. Production and employment indices continued to grow in July, at 51.3% and 52% respectively. The raw material price index reached 39.5% this month, compared with 37% in June. It has increased by 5.2 percentage points.
In the July data, 7 out of all 18 manufacturing industries showed an upward trend, in order: plastic and rubber products; electromechanical equipment, electrical components; primary metals; petroleum and coal products; hardware; , beverages and tobacco products; furniture and related products. The other 11 manufacturing industries have contracted, in order: non-metallic mineral products; clothing, leather and related products; wood products; textiles; miscellaneous manufacturing; chemical products; transportation equipment; printing and related activities; paper products; Electronic products, computers and electronic products.
It is reported that the report was released by Bradley J. Holcomb, president of the American Institute of Supply Management. The report shows: "The PMI index in July was 49.8%, which was 0.1 percentage points higher than the 49.7% in June. The new order index is at This month was 48%, up 0.2 percentage points. Production and employment indices continued to grow in July, at 51.3% and 52% respectively. The raw material price index reached 39.5% this month, compared with 37% in June. It has increased by 5.2 percentage points.
In the July data, 7 out of all 18 manufacturing industries showed an upward trend, in order: plastic and rubber products; electromechanical equipment, electrical components; primary metals; petroleum and coal products; hardware; , beverages and tobacco products; furniture and related products. The other 11 manufacturing industries have contracted, in order: non-metallic mineral products; clothing, leather and related products; wood products; textiles; miscellaneous manufacturing; chemical products; transportation equipment; printing and related activities; paper products; Electronic products, computers and electronic products.
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