WHAT RESPONDENTS ARE SAYING ...
- "Customer inventory burn is complete and real demand has reappeared." (Machinery)
- "... a lot of people are requoting old business and using favorable pricing to negotiate with their current suppliers." (Computer & Electronic Products)
- "Banks are reluctant to lend to businesses, and until this changes the economy will continue to be weak." (Fabricated Metal Products)
- "Slow June, but firm large orders in July, August and September." (Food, Beverage & Tobacco Products)
- "Market appears to have bottomed out as aftermarket has picked up slightly over the past month." (Transportation Equipment)
| MANUFACTURING AT A GLANCE JUNE 2009 | ||||||
|---|---|---|---|---|---|---|
Index | Series Index June | Series Index May | Percentage Point Change | Direction | Rate of Change | Trend* (Months) |
| PMI | 44.8 | 42.8 | +2.0 | Contracting | Slower | 17 |
| New Orders | 49.2 | 51.1 | -1.9 | Contracting | From Growing | 1 |
| Production | 52.5 | 46.0 | +6.5 | Growing | From Contracting | 1 |
| Employment | 40.7 | 34.3 | +6.4 | Contracting | Slower | 11 |
| Supplier Deliveries | 50.6 | 49.8 | +0.8 | Slower | From Faster | 1 |
| Inventories | 30.8 | 32.9 | -2.1 | Contracting | Faster | 38 |
| Customers' Inventories | 43.5 | 46.0 | -2.5 | Too Low | Faster | 3 |
| Prices | 50.0 | 43.5 | +6.5 | Unchanged | From Decreasing | 1 |
| Backlog of Orders | 47.5 | 48.0 | -0.5 | Contracting | Faster | 14 |
| Exports | 49.5 | 48.0 | +1.5 | Contracting | Slower | 9 |
| Imports | 46.0 | 42.5 | +3.5 | Contracting | Slower | 17 |
| OVERALL ECONOMY | Growing | Faster | 2 | |||
| Manufacturing Sector | Contracting | Slower | 17 | |||
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