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

(c) The Backlog of Orders, Prices, Customers’ Inventories, Imports and New Export Orders Indexes do not meet the accepted criteria for seasonal adjustments.

Buying Policy

Average commitment leadtime for Capital Expenditures increased 9 days to 112 days. Average leadtime for Production Materials increased 1 day to 55 days. Average leadtime for Maintenance, Repair and Operating (MRO) Supplies remained the same at 24 days.

Percent Reporting

                           
Capital Expenditures

Hand-to-
Mouth

30
Days

60
Days

90
Days

6
Months

1
Year+

Average
Days

 
Jul 2011 30 9 10 15 23 13 112
Jun 2011 30 10 13 13 24 10 103
May 2011 30 9 11 16 24 10 104
Apr 2011 28 6 16 16 23 11 108
Production Materials    

Hand-to-
Mouth

   

30
Days

   

60
Days

   

90
Days

   

6
Months

   

1
Year+

   

Average
Days

 
Jul 2011 16 38 27 12 5 2 55
Jun 2011 19 37 25 12 5 2 54
May 2011 15 36 28 12 6 3 61
Apr 2011 15 36 27 15 4 3 59
MRO Supplies    

Hand-to-
Mouth

   

30
Days

   

60
Days

   

90
Days

   

6
Months

   

1
Year+

   

Average
Days

 
Jul 2011 44 43 9 4 0 0 24
Jun 2011 44 43 10 3 0 0 24
May 2011 46 37 13 2 1 1 28
Apr 2011 44 43 12 1 0 0 23

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