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

Supplier Deliveries

The delivery performance of suppliers to manufacturing organizations was slower in April as the Supplier Deliveries Index registered 61.3 percent, which is 3.6 percentage points lower than the 64.9 percent registered in March. This is the 11th consecutive month the Supplier Deliveries Index has been above 50 percent. A reading above 50 percent indicates slower deliveries.

The 12 industries reporting slower supplier deliveries in April — listed in order — are: Plastics & Rubber Products; Nonmetallic Mineral Products; Chemical Products; Printing & Related Support Activities; Primary Metals; Electrical Equipment, Appliances & Components; Fabricated Metal Products; Paper Products; Transportation Equipment; Machinery; Miscellaneous Manufacturing; and Computer & Electronic Products. There were no industry reports of faster deliveries.

Supplier Deliveries           %Slower         %Same         %Faster         Net         Index
 
Apr 2010 22 76 2 +20 61.3
Mar 2010 27 73 0 +27 64.9
Feb 2010 23 72 5 +18 61.1
Jan 2010 18 79 3 +15 60.1

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