Purchasing Managers' Index Posts Decline in September
Tempe, AZ, October 1, 2019-The September Purchasing Managers’ Index (PMI) registered 47.8%, a decrease of 1.3 percentage points from the August reading of 49.1%, according to the latest Manufacturing ISM Report On Business.
The New Orders Index registered 47.3%, an increase of 0.1 percentage point from the August reading of 47.2%.
The Production Index registered 47.3%, a 2.2-percentage point decrease compared to the August reading of 49.5%.
The Employment Index registered 46.3%, a decrease of 1.1 percentage points from the August reading of 47.4%.
The Supplier Deliveries Index registered 51.1%, a 0.3-percentage point decrease from the August reading of 51.4%.
The Inventories Index registered 46.9%, a decrease of 3 percentage points from the August reading of 49.9%.
The Prices Index registered 49.7%, a 3.7-percentage point increase from the August reading of 46%.
The New Export Orders Index registered 41%, a 2.3-percentage point decrease from the August reading of 43.3%.
The Imports Index registered 48.1%, a 2.1-percentage point increase from the August reading of 46%.
Of the 18 manufacturing industries, three reported growth in September: miscellaneous manufacturing; food, beverage & tobacco products; and chemical products. The 15 industries reporting contraction in September-in the following order-are apparel, leather & allied products; printing & related support activities; wood products; electrical equipment, appliances & components; textile mills; paper products; fabricated metal products; plastics & rubber products; petroleum & coal products; primary metals; transportation equipment; nonmetallic mineral products; machinery; furniture & related products; and computer & electronic products.