| US Manufacturing Flat in August |
 |
 |
| Written by Mike Buetow | |||
| Wednesday, 03 September 2008 05:17 | |||
|
TEMPE, AZ – Economic activity in the US manufacturing sector failed to grow in August, according to a poll of top supply executives. The overall economy grew for the 82nd consecutive month, says the Institute for Supply Management. The new orders index was 48.3%, up 3.3 points over July. The PMI index was 49.9%, down 10 basis points from July. A reading above 50% indicates that the manufacturing economy is generally expanding; a PMI over 41.1%, over a period of time, generally indicates an expansion of the overall economy. In a statement, ISM spokesman Norbert J. Ore, said, "The PMI indicates a slight decline in manufacturing during August. This continues the 2008 trend toward negligible growth or contraction each month, but ultimately results in very little overall change in the sector. This month's report is showing the first signs of lower prices as the Prices Index fell significantly, though still at an inflationary level. Export orders picked up additional momentum, and that is important to manufacturers as domestic demand remains soft for most industries." Industries reporting growth in August included Computer & Electronic Products. The average PMI this year (49.5%) corresponds to a 2.6% increase in real gross domestic product.
|
Columns
| An Early Spring? |
The second half of 2011 is behind us, literally and figuratively. |
| Read more... |
| ‘An End-to-End Solution for Assembled HDI Rigid-Flex’ |
Multi-Fineline Electronix (MFLEX) and AT&S last week announced an agreement to share their respective printed circuit board technologies. Under the agreement, AT&S's high-density interconnect (HDI) rigid PCBs and MFLEX's flex board capabilities will be offered to respective customers, and the two will partner on rigid-flex technology. |
| Read more... |
Features
| SMT Stencils from a Production Perspective |
Is the slew of new materials, coatings and processes truly unique, or just the same old hype? |
| Read more... |
| Implementing Good Test Coverage and Eliminating Escapes |
Experimental data reveal a strong correlation between SPI and AXI. |
| Read more... |
Search
Search
Login
CB Login
Language
Language
Products
Custom Products & Services Offers Work Benches
These modular work benches offer quality and versatility for work areas that include network labs, assembly areas, shipping stations, security and command consoles, or as computer repair benches. Can...
These modular work benches offer quality and versatility for work areas that include network labs, assembly areas, shipping stations, security and command consoles, or as computer repair benches. Can...
