January Manufacturing ISM Report On Business

Production

ISM’s Production Index registered 32.1 percent in January, which is an increase of 5.8 percentage points from December’s seasonally adjusted reading of 26.3 percent. An index above 50.4 percent, over time, is generally consistent with an increase in the Federal Reserve Board’s Industrial Production figures.

Three industries reported growth in production during the month of January: Textile Mills; Petroleum & Coal Products; and Food, Beverage & Tobacco Products. The industries failing to grow in January are: Primary Metals; Paper Products; Transportation Equipment; Electrical Equipment, Appliances & Components; Fabricated Metal Products; Plastics & Rubber Products; Computer & Electronic Products; Nonmetallic Mineral Products; Miscellaneous Manufacturing; Machinery; Furniture & Related Products; Chemical Products; Printing & Related Support Activities; and Wood Products.

Production           %Better         %Same         %Worse         Net         Index
 
Jan 2009 13 33 54 -41 32.1
Dec 2008 7 33 60 -53 26.3
Nov 2008 12 38 50 -38 32.0
Oct 2008 11 43 46 -35 33.6

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