The Institute for Supply management released its February 2010 Manufacturing Report on Busines this morning:
The 10 industries reporting growth in new orders in February — listed in order — are: Plastics & Rubber Products; Machinery; Paper Products; Computer & Electronic Products; Miscellaneous Manufacturing; Printing & Related Support Activities; Transportation Equipment; Fabricated Metal Products; Electrical Equipment, Appliances & Components; and Food, Beverage & Tobacco Products. The three industries reporting decreases in new orders in February are: Wood Products; Furniture & Related Products; and Chemical Products.
| New Orders |
% Better |
% Same |
% Worse |
Net | Index |
|---|---|---|---|---|---|
| Feb 2010 | 36 | 49 | 15 | +21 | 59.5 |
| Jan 2010 | 41 | 43 | 16 | +25 | 65.9 |
| Dec 2009 | 35 | 46 | 19 | +16 | 64.8 |
| Nov 2009 | 36 | 42 | 22 | +14 | 61.5 |
Carlton Smith is a Project Manager and Programmer living in Southeast Michigan. He is also the founder and Executive Editor of the web literary magazine Troubadour21.com. His blog can be found at UncleSol.net. Email Carlton at carlton@unclesol.net