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

U.S. Appliance Manufacturing Contracts, Overall Manufacturing Grown in November
Dec 7, 2011
 Printable format
 Email this Article
 Search

Despite contraction in U.S. appliance manufacturing in November 2011, economic activity in the overall U.S. manufacturing sector expanded for the 28th consecutive month and the overall economy grew for the 30th consecutive month, according to U.S. supply executives surveyed for the latest Manufacturing ISM Report On Business.

Of the 18 manufacturing industries surveyed by ISM, eight reported growth in November and nine - including the Electrical Equipment, Appliances & Components industry segment – reported contraction.

The overall November 2011 PMI was 52.7%, up 1.9% from October's 50.8%, indicating manufacturing expansion for the 28th month, according to Bradley J. Holcomb, CPSM, CPSD, chair of the Institute for Supply Management Manufacturing Business Survey Committee. "The New Orders Index increased 4.3 percentage points from October to 56.7%, reflecting the second month of growth after three months of contraction," Holcomb said. "While the Prices Index, at 45%, increased 4 percentage points from the October reading of 41%, prices of raw materials continued to decrease (registering below 50%) for the second consecutive month. Respondents cite continuing concerns about the general economic environment, government regulations and European financial conditions, but are cautiously more optimistic about the next few months based on lower raw materials pricing and favorable levels of new orders."

Back to Daily News

 

Daily News

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

Dec 22, 2014: Whirlpool headquarters improvements start a new phase

Dec 22, 2014: DOE's Building Technologies Office releases Roadmap for Emerging HVAC Technologies

Dec 22, 2014: Variable-speed circulation pump enables new Miele lab washers

Dec 22, 2014: The latest retail data breach: Staples

Dec 22, 2014: Consumer Spending Index is at its highest point of the year

More Daily News>>

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

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

November 2014: Appliance Magazine Market Insight Annual Subscriptions
November 2014: U.S. Appliance Industry: Market Value, Life Expectancy & Replacement Picture 2014
October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC




 
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