- Before was -5.5
- New orders: -4.3 vs +8.9 before
- Loads: -1.9 vs +4.5 before
- Unfilled orders: +18.9 vs +6.8 previously
- Delivery hours: +11.6 vs -2.1 previously
- Inventories: -2.3 vs +5.4 before
- Prices paid: +31.2 vs +26.6 previously
- Prices received: +7.3 vs +14.3 before
- Earnings: +6.6 vs +8.6 before
- Average work week: -8.2 vs +17.4 previously
- Six-month index +30.7 vs +56.6 previously
Responses to the December Manufacturing Industry Outlook Survey suggest a general decline in regional manufacturing activity this month. The indicator for current activity remained negative, while the indices of new orders and shipments decreased and turned negative. In general, the companies indicated an increase in employment and continued to report an increase in prices. The survey's broad indicators for future activity continue to suggest broad prospects for growth over the next six months.
This article was written by Giuseppe Dellamotta at www.forexlive.com.
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