ISM's Production Index registered 51% in June 2012, which is a decrease of 4.6 percentage points when compared to the 55.6% reported in May 2012. This indicates growth for the 37th consecutive month. An index above 51.2%, over time, is generally consistent with an increase in the Federal Reserve Board's Industrial Production figures.
The eight industries reporting growth in production during the month of June 2012 listed in order are: Fabricated Metal Products; Furniture & Related Products; Miscellaneous Manufacturing; Machinery; Printing & Related Support Activities; Electrical Equipment, Appliances & Components; Transportation Equipment; and Computer & Electronic Products.
The four industries reporting a decrease in production in June 2012 are Paper Products; Chemical Products; Food, Beverage & Tobacco Products; and Apparel, Leather & Allied Products.
Six industries reported no change in production in June 2012 compared to May 2012.
|New Orders||% Better||% Same||% Worse||Net||Index|
Source - Institute for Supply Management