U.S. manufacturing stays in positive territory

The Institute for Supply Management reports that U.S. manufacturing activity inched up in December to 53.9 percent.

The Institute for Supply Management (ISM, Tempe, Ariz., USA) on Jan. 3 reported that economic activity in the U.S. manufacturing sector expanded in December 2011 for the 29th consecutive month, and the overall economy grew for the 31st consecutive month. ISM's Purchasing Managers Index (PMI) registered 53.9 percent, following an November value of 52.7 percent. A reading of more than 50 percent indicates that the manufacturing economy is generally expanding; less than 50 percent indicates that it is generally contracting.

The report was issued today by Bradley J. Holcomb, CPSM, CPSD, chair of the Institute for Supply Management Manufacturing Business Survey Committee. “The PMI registered 53.9 percent, an increase of 1.2 percentage points from November’s reading of 52.7 percent, indicating expansion in the manufacturing sector for the 29th consecutive month. The New Orders Index increased 0.9 percentage point from November to 57.6 percent, reflecting the third consecutive month of growth after three months of contraction. Prices of raw materials continued to decrease for the third consecutive month, with the Prices Index registering 47.5 percent, which is 2.5 percentage points higher than the November reading of 45 percent. Manufacturing is finishing out the year on a positive note, with new orders, production and employment all growing in December at faster rates than in November, and with an optimistic view toward the beginning of 2012 as reflected by the panel in this month’s survey.” 

  • December 2011: 53.9
  • November 2011: 52.7
  • October 2011: 50.8
  • September 2011: 51.6
  • August 2011: 50.6
  • July 2011: 50.9
  • June 2011: 55.3
  • May 2011: 53.5
  • April 2011: 60.4
  • March 2011: 61.2
  • February 2011: 61.4
  • January 2011: 60.8