ISM: December Manufacturing Slows PDF Print E-mail
Wednesday, 02 January 2008 06:28
TEMPE, AZ – Manufacturing slowed in December, with the PMI dropping 3.1 percentage points to 47.7%, says the Institute for Supply Management. New orders decreased to 45.7%, down 6.9 points, while production dropped 4.6 points to 47.3%.
 
Inventories were down slightly to 4.5%, a decrease of 1.4 points, and customer inventories were up 2.5 points in December, to 51.5%. Order backlogs were also up, reaching 43%, an increase of 1.5 points.

“The manufacturing sector failed to grow in December ending 10 consecutive months of growth. The recent trend has been toward slower growth. However, December was apparently a very tough month as new orders, production and employment were all below the breakeven mark of 50%. Industries close to the housing market appear to be struggling more than others, and those involved in exports seem to be doing better. Slower demand appears to be more of a problem than excessive inventories based on the respondents' comments,” said ISM spokesman Norbert J. Ore.

The overall economy grew for the 74th consecutive month, says ISM.
Last Updated on Wednesday, 02 January 2008 06:31
 

Columns

Eastern-US: China’s New Competitor?

Parity emerges among EMS Factories from Asia, Mexico and the US.

For the first time in years we see parity in the Eastern US among EMS factories from Asia, Mexico and the US. This EMS market condition will permit American OEMs (the EMS industry refers to OEMs as customers) to have more EMS pathways to choose from. Now more than ever, such EMS assignments will require deeper investigation relating to the OEMs’ evaluation of manufacturing strategies.

Read more...
 
The Human Touch

For those who count on the electronics industry for big feats, it’s been a remarkable couple of years.

Read more...
 

Features

Advances in Concentration Monitoring and Closed-Loop Control

Contaminated bath water skews refractive index results. New technology can accurately measure aqueous cleaning agent concentration.

Read more...
 
Circuits Disassembly: Materials Characterization and Failure Analysis

A systematic approach to nonconventional methods of encapsulant removal.

Read more...
 

Search

Search

Login

CB Login

Language

Language

English French German Italian Portuguese Russian Spanish
 

Products

Techspray Introduces Fine-L-Kote High Viscosity AR Conformal Coating
Fine-L-Kote high viscosity AR acrylic conformal coating reportedly widens the process window and flexibility. Can use as-is for dipping or thin down for spray systems. Is for selective spray systems...