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.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s