PMPA Business Trends October 2011- Flattening of Shipments

Both the PMPA Business Trends Index and the ISM PMI  for October 2011 index show a slight flattening in shipments; the ISM report indicates a continuation of the expansion of the manufacturing sector.

Shipments seem to be levelling off.

The direction of change in our index parallels that of the ISM PMI reported for October. We believe that the October numbers we report indicate a ‘flattening of,’ not a ‘decline in’ industry shipments.

This entry was posted on Monday, November 28th, 2011 at 3:36 pm and is filed under Front Office. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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