Prior month
Current conditions
Fifth District Manufacturing Index: -4 vs -17 → Higher
Shipments: 4 vs -20 → Higher
Volume of New Orders: -6 vs -15 → Higher
Backlog of Orders: -16 vs -21 → Higher
Capacity Utilization: -10 vs -18 → Higher
Vendor Lead Time: 6 vs 10 → Lower
Local Business Conditions: -1 vs -12 → Higher
Capital Expenditures: -10 vs 11 → Lower
Finished Goods Inventories: 15 vs 11 → Higher
Raw Materials Inventories: 17 vs 17 → Unchanged
Equipment & Software Spending: -10 vs -11 → Higher
Services Expenditures: -24 vs -17 → Lower
Employment
Number of Employees: -10 vs -15 → Higher
Wages: 15 vs 13 → Higher
Availability of Skills Needed: -7 vs -2 → Lower
Price Trends
Prices Paid: 5.81 vs 7.22 → Lower
Prices Received: 3.04 vs 4.02 → Lower
The current conditions is higher but still negative for the month.. Employment is better but still down, prices paid in prices received were lower.
Expectations 6 month forward
Shipments: 13 vs 0 → Higher
Volume of New Orders: 12 vs 8 → Higher
Backlog of Orders: -12 vs -8 → Lower
Capacity Utilization: 5 vs -10 → Higher
Vendor Lead Time: 1 vs 1 → Unchanged
Local Business Conditions: -5 vs -14 → Higher (less negative)
Capital Expenditures: 1 vs -7 → Higher
Finished Goods Inventories: 4 vs 9 → Lower
Raw Materials Inventories: 8 vs 7 → Higher
Equipment & Software Spending: -6 vs -5 → Lower
Services Expenditures: -17 vs -26 → Higher (less negative)
Employment
Number of Employees: 2 vs 4 → Lower
Wages: 40 vs 48 → Lower
Availability of Skills Needed: 4 vs -12 → Higher
Price Trends
Prices Paid: 4.68 vs 6.47 → Lower
Prices Received: 3.63 vs 4.74 → Lower
This article was written by Greg Michalowski at investinglive.com.