Very positive commentary

Karim writes:

Overall index and key components (orders, employment) consolidating at a strong level; lengthening of supplier delivery times may explain strength in inventories

  • “Business continues to improve; however, rising material prices are eroding margin. Increases to the consumer are inevitable in early Q1 2011.” (Paper Products)
  • “International markets expanding rapidly. Domestic market is slowly rebounding.” (Transportation Equipment)
  • “We’re starting to see capacity at suppliers become an issue.” (Machinery)
  • “Capital projects are being released, which is improving our sales.” (Computer & Electronic Products)
  • “We are seeing increases in chemical prices that seem to be driven by supply/demand imbalance.” (Chemical Products)

Nov Oct
Index 56.5 56.9
Prices paid 69.5 71.0
Production 55.0 62.7
New Orders 56.6 58.9
Supplier deliveries 57.2 51.2
Inventories 56.7 53.9
Employment 57.5 57.7
Export orders 57.0 60.5
Imports 53.0 51.5