“The September PMI® registered 56.6 percent, a decrease of 2.4 percentage points from August’s reading of 59 percent, indicating continued expansion in manufacturing. The New Orders Index registered 60 percent, a decrease of 6.7 percentage points from the 66.7 percent reading in August, indicating growth in new orders for the 16th consecutive month. The Production Index registered 64.6 percent, 0.1 percentage point above the August reading of 64.5 percent.”
“The Employment Index grew for the 15th consecutive month, registering 54.6 percent, a decrease of 3.5 percentage points below the August reading of 58.1 percent. Inventories of raw materials registered 51.5 percent, a decrease of 0.5 percentage point from the August reading of 52 percent, indicating growth in inventories for the second consecutive month. Comments from the panel reflect a generally positive business outlook, while noting some labor shortages and continuing concern over geopolitical unrest.”
50 represents the dividing line between expansion and contraction for the index in the above chart; which covers the Purchasing Managers Index (PMI) and New Orders.
Contracting Manufacturing Industries:
1. Machinery
2. Plastics & Rubber Products
3. Electrical Equipment, Appliances & Components
Expanding Manufacturing Industries:
1. Wood Products
2. Primary Metals
3. Apparel, Leather & Allied Products
4. Nonmetallic Mineral Products
5. Furniture & Related Products
6. Fabricated Metal Products
7. Miscellaneous Manufacturing
8. Food, Beverage & Tobacco Products
9. Printing & Related Support Activities
10. Computer & Electronic Products
11. Paper Products
12. Chemical Products
13. Transortation Equipment
14. Petroleum & Coal Products
15. Textile Mills
16. Transportation Equipment
17. Machinery
18. Electrical Equipment, Appliances & Components
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