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Macroeconomics  |  May 31, 2012 16:47:00

Chicago area manufacturing activity in May fell to 32 - month low


Activity of the U.S. Midwest manufacturers fell in March, April and May is now at its lowest level since September 2009. According to research by the Chicago purchasing managers fell in May, seasonally adjusted PMI index to 52.7 points from 56.2 points in April, and the result fell behind expectations, the majority 56.5 points. Despite the sharp correction in the three months remained in the Chicago PMI continuous expansion of 32 months.

Production for the first time since September 2009 has stagnated. Growth in new orders slowed for the third month to 2.5-year minimum.Existing backlogs of orders fell to its lowest level since October 2009. Companies retain jobs, but took on fewer workers than in April. Shopping activity is slightly increased. Delivery period is surprisingly extended. Inventories of finished goods fell for the first time since February and were the lowest since April 2010. Input prices grew the slowest in 20 months. Nationwide ISM index of manufacturing activity in May comes first June. In April unexpectedly rose to 54.8 points top ten.



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Výrobní aktivita oblasti Chicago v květnu klesla na 32- měsíční minimum

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