Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Appliance Manufacturing Index Shows Growth in July
Aug 3, 2010
 Printable format
 Email this Article
 Search

Economic activity in the manufacturing sector expanded in July for the 12th consecutive month while the overall economy grew for the 15th consecutive month, according to supply executives surveyed for the latest Manufacturing ISM Report On Business. Eighteen total industries are monitored by the survey and 10 reported July growth; the Electrical Equipment, Appliances & Components industry was the fourth highest in the index growth ranking for July.

"Manufacturing continued to grow during July, but at a slightly slower rate than in June," said Norbert J. Ore, CPSM, C.P.M., chair of the Institute for Supply Management Manufacturing Business Survey Committee. "Employment, supplier deliveries and inventories improved during the month and reduced the impact of a month-over-month deceleration in new orders and production."

The PMI is a composite index based on five indicators: new orders, production, employment, supplier deliveries, and inventories. The PMI in July was 55.5, down slightly from 56.2 in June 2010. A reading above 50% indicates the manufacturing economy is generally expanding.

The 10 manufacturing industries reporting growth in July were, in order:
• Plastics & Rubber Products
• Miscellaneous Manufacturing
• Paper Products
• Electrical Equipment, Appliances & Components
• Transportation Equipment
• Primary Metals
• Textile Mills
• Computer & Electronic Products
• Fabricated Metal Products
• Chemical Products

Back to Daily News

 

Daily News

...........................................................

Oct 23, 2014: Whirlpool Corporation to Showcase Resource-Efficient Technologies at Greenbuild

Oct 23, 2014: CWIEME Chicago exhibition had record attendees

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows