July Manufacturing ISM Report On Business®; PMI at 50.9%; Production and Employment Growing; Supplier Deliveries Slower; New Orders and Inventories Contracting

Imports(c)

Imports of materials by manufacturers continued to expand in July as the Imports Index registered 53.5 percent, 2.5 percentage points higher than the 51 percent reported in June. This is the 23rd consecutive month of growth in imports.

The seven industries reporting growth in imports during the month of July — listed in order — are: Nonmetallic Mineral Products; Plastics & Rubber Products; Electrical Equipment, Appliances & Components; Fabricated Metal Products; Transportation Equipment; Computer & Electronic Products; and Chemical Products. The three industries reporting a decrease in imports during July are: Miscellaneous Manufacturing; Food, Beverage & Tobacco Products; and Machinery. Eight industries reported no change in imports in July compared to June.

Imports          

%
Reporting

    %Higher     %Same     %Lower     Net     Index
 
Jul 2011 74 17 73 10 +7 53.5
Jun 2011 76 15 72 13 +2 51.0
May 2011 78 17 75 8 +9 54.5
Apr 2011 81 20 71 9 +11 55.5

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