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PMI indicates rise in manufacturing sector

03 Oct '06
2 min read

New Orders
ISM's New Orders Index registered 54.2 percent in September. The index is the same as reported in August. September is the 41st consecutive month the index has exceeded 50 percent.

Production
ISM's Production Index registered 56.1 percent in September, 0.5 percentage point lower than the 56.6 percent reported in August. September is the 41st consecutive month of growth in the index.

Supplier Deliveries
The delivery performance of suppliers to manufacturing organizations was slower for the 39th consecutive month in September. ISM's Supplier Deliveries Index for September registered 54.1 percent, a decrease of 0.9 percentage point when compared to August's reading of 55 percent.

Inventories
Manufacturers' inventories contracted in September following two consecutive months of growth as ISM's Inventories Index registered 46.4 percent, a 3.8 percentage point decrease when compared to August's reading of 50.2 percent.

Institute for Supply Management

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