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Tuesday, March 1, 2011

Manufacturing Expands at Fastest Pace Since 1983

ISM respondents are saying:
  • "A continued weak dollar is increasing the cost of components purchased overseas. It is going to force us to increase our selling prices to our customers." (Transportation Equipment)
  • "We continue to see significant inflation across nearly every type of chemical raw material we purchase." (Chemical Products)
  • "Our plants are working 24/7 to meet production demands." (Fabricated Metal Products)
    "Prices continue to rise, while business limps along at last year's pace." (Nonmetallic Mineral Products)
  • "Overall demand is off 10 percent." (Plastics & Rubber Products)


Source: ISM