- Prior month
Current conditions
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Fifth District Manufacturing Index: -4 vs -17 → Higher
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Shipments: 4 vs -20 → Higher
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Volume of New Orders: -6 vs -15 → Higher
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Backlog of Orders: -16 vs -21 → Higher
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Capacity Utilization: -10 vs -18 → Higher
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Vendor Lead Time: 6 vs 10 → Lower
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Local Business Conditions: -1 vs -12 → Higher
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Capital Expenditures: -10 vs 11 → Lower
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Finished Goods Inventories: 15 vs 11 → Higher
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Raw Materials Inventories: 17 vs 17 → Unchanged
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Equipment & Software Spending: -10 vs -11 → Higher
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Services Expenditures: -24 vs -17 → Lower
Employment
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Number of Employees: -10 vs -15 → Higher
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Wages: 15 vs 13 → Higher
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Availability of Skills Needed: -7 vs -2 → Lower
Price Trends
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Prices Paid: 5.81 vs 7.22 → Lower
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Prices Received: 3.04 vs 4.02 → Lower
The current conditions is higher but still negative for the month.. Employment is better but still down, prices paid in prices received were lower.
Expectations 6 month forward
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Shipments: 13 vs 0 → Higher
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Volume of New Orders: 12 vs 8 → Higher
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Backlog of Orders: -12 vs -8 → Lower
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Capacity Utilization: 5 vs -10 → Higher
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Vendor Lead Time: 1 vs 1 → Unchanged
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Local Business Conditions: -5 vs -14 → Higher (less negative)
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Capital Expenditures: 1 vs -7 → Higher
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Finished Goods Inventories: 4 vs 9 → Lower
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Raw Materials Inventories: 8 vs 7 → Higher
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Equipment & Software Spending: -6 vs -5 → Lower
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Services Expenditures: -17 vs -26 → Higher (less negative)
Employment
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Number of Employees: 2 vs 4 → Lower
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Wages: 40 vs 48 → Lower
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Availability of Skills Needed: 4 vs -12 → Higher
Price Trends
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Prices Paid: 4.68 vs 6.47 → Lower
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Prices Received: 3.63 vs 4.74 → Lower
This article was written by Greg Michalowski at investinglive.com.