Insight on Manufacturing

May 2012 IOM

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By the NUMBERS Economic activity in the manufacturing sector expanded in March for the 32nd consecutive month, and the overall economy grew for the 34th consecutive month, according to the Manufacturing Institute for Supply Management Report on Business. 4% Amount the nation's manufacturing sector grew in 2011 Companies that do not adapt to the new global realities will become victims of those that do. –Harvard Business Review MANUFACTURING AT A GLANCE MARCH 2012 Index New Orders Production Employment Inventories Customers' Inventories Prices Backlog of Orders Exports Imports Overall Economy Manufacturing Sector Series Index March 54.5 58.3 56.1 50.0 44.5 61.0 52.5 54.0 53.5 Series Index February 54.9 55.3 53.2 49.5 46.0 61.5 52.0 59.5 54.0 Percentage Point Change -0.4 +3.0 +2.9 +0.5 -1.5 -0.5 +0.5 -5.5 -0.5 Direction Growing Growing Growing Unchanged Too Low Increasing Growing Growing Growing Growing Growing Rate of Change Slower Faster Faster From Contracting Faster Slower Faster Slower Slower Faster Faster Trend* (Months) 35 34 30 1 4 3 3 5 4 34 32 Source: Manufacturing ISM Report on Business 18 | INSIGHT on Manufacturing May 2012 www.insightonmfg.com

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