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Monday, August 2, 2010

ISM Manufacturing Growth Slows

ISM respondents report:

  • "Business in July was strong, the best month since October 2008." (Fabricated Metal Products)
  • "Slow economy has killed sales for new equipment orders." (Machinery)
  • "Quoting activity and sales are slow, and backlog is dropping." (Computer & Electronic Products)
  • "Business continues to be sluggish and has fallen slightly as the economic ills continue." (Nonmetallic Mineral Products)
  • "Retailers are still unwilling to gamble on inventory." (Printing & Related Support Activities)


Source: ISM