The ISM Customers' Inventories Index registered 48.5% in June 2012, which is 5 percentage points higher than in May 2012 when the index registered 43.5%. Customers' inventories have registered at or below 50% for 39 consecutive months. A reading below 50% indicates customers' inventories are considered too low.
The five manufacturing industries reporting customers' inventories as being too high during June 2012 are Apparel, Leather & Allied Products; Fabricated Metal Products; Primary Metals; Chemical Products; and Food, Beverage & Tobacco Products.
The six industries reporting customers' inventories as too low during June 2012 listed in order are: Wood Products; Machinery; Transportation Equipment; Miscellaneous Manufacturing; Plastics & Rubber Products and Computer & Electronic Products.
Six industries reported no change in customer inventories in June 2012 as compared to May 2012.
|Customers' Inventories||% Reporting||% Too High||% About Right||% Too Low||Net||Index|
Source - Institute for Supply Management