ISM’s New Export Orders Index registered 50 percent in October, which is 3.5 percentage points lower than the 53.5 percent reported in September. This indicates exports were unchanged from September, and follows 28 consecutive months of growth in the New Export Orders Index.
The five industries reporting growth in new export orders in October are: Plastics & Rubber Products; Fabricated Metal Products; Miscellaneous Manufacturing; Computer & Electronic Products; and Chemical Products. The five industries reporting a decrease in new export orders during October are: Furniture & Related Products; Paper Products; Machinery; Food, Beverage & Tobacco Products; and Primary Metals. Eight industries reported no change in exports in October compared to September.
New Export Orders |
%
|
%Higher | %Same | %Lower | Net | Index | |||||||||||||||
Oct 2011 | 76 | 14 | 72 | 14 | 0 | 50.0 | |||||||||||||||
Sep 2011 | 78 | 18 | 71 | 11 | +7 | 53.5 | |||||||||||||||
Aug 2011 | 76 | 16 | 69 | 15 | +1 | 50.5 | |||||||||||||||
Jul 2011 | 77 | 19 | 70 | 11 | +8 | 54.0 |