Wednesday, February 1, 2012

Manufacturing Expands in January

ISM Outlines:

  • "Still seeing raw materials pricing moving down in general, but expect inflation later in the quarter." (Chemical Products)
  • "Year starting a little slow, but customers are positive about increased business in 2012." (Machinery)
  • "Once again, business continues to be strong." (Paper Products)
  • "Pricing remains in check with the demand we are seeing. Supplier deliveries are on time or early." (Food, Beverage & Tobacco Products)
  • "The economy seems to be slowly improving." (Fabricated Metal Products)
  • "Business lost to offshore is coming back." (Computer & Electronic Products)
  • "Business remains strong. Order intake is great — more than 20 percent above budget." (Primary Metals)
  • "Indications are that 2012 business environment will improve over 2011." (Transportation Equipment)
  • "Market conditions appear to be improving, with the outlook for 2012 better yet." (Wood Products)

Source: ISM

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