April Manufacturing ISM Report On Business®; PMI at 60.4%; New Orders, Production and Employment Growing; Supplier Deliveries Slower; Inventories Contracting

New Export Orders(b)

ISM’s New Export Orders Index registered 61 percent in April, 0.5 percentage point lower than the 61.5 percent reported in March. This is the 10th consecutive month of growth in the New Export Orders Index.

The 13 industries reporting growth in new export orders in April — listed in order — are: Apparel, Leather & Allied Products; Nonmetallic Mineral Products; Furniture & Related Products; Electrical Equipment, Appliances & Components; Paper Products; Plastics & Rubber Products; Chemical Products; Food, Beverage & Tobacco Products; Transportation Equipment; Miscellaneous Manufacturing; Computer & Electronic Products; Fabricated Metal Products; and Machinery. There were no industry reports of a decrease in export orders during April.

New Export Orders    

%
Reporting

    %Higher     %Same     %Lower     Net     Index
 
Apr 2010 79 23 76 1 +22 61.0
Mar 2010 75 30 63 7 +23 61.5
Feb 2010 79 17 79 4 +13 56.5
Jan 2010 78 19 79 2 +17 58.5

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