News
TEMPE, AZ – Economic activity in the manufacturing sector expanded in September for the eighth consecutive month, while the overall economy grew for the 71st consecutive month, reports ISM.
Manufacturing grew at a slower rate in September, as the PMI registered 52%, down 0.9 points from August, says ISM. New orders registered 53.4%, down 1.9 points sequentially. Production dipped to 54.6%, 1.5 points lower. Manufacturers’ inventories registered 41.6%, a decrease of 3.8 points. Customers’ inventories were 50%, up 1 point. Backlogs reached 51%, 0.5 points higher sequentially, the firm reports.
Manufacturing grew at a slower rate in September, as the PMI registered 52%, down 0.9 points from August, says ISM. New orders registered 53.4%, down 1.9 points sequentially. Production dipped to 54.6%, 1.5 points lower. Manufacturers’ inventories registered 41.6%, a decrease of 3.8 points. Customers’ inventories were 50%, up 1 point. Backlogs reached 51%, 0.5 points higher sequentially, the firm reports.
ISM spokesman Norbert J. Ore said, “Manufacturing growth continued in September, while some sectors of the economy are apparently struggling. The trend is toward slower growth in manufacturing, as the rate of growth in both new orders and production slowed. The sector is apparently in excellent shape with regard to inventories, as the inventories index fell to 41.6%, indicating significant inventory liquidation. Overall, September looks like a good month for manufacturing.”
SCHAUMBURG, IL – From one came three. But more was less, and after the first few bars of the Chicago trade show musical chairs, many folks were singing the blues.
SANTA CLARA, CA – Valor will present its 5DX setup
software solution at Agilent’s California Board Test User Group meeting Oct.
11.
The event will take place at Agilent’s facility in Santa Clara, CA.
Agilent’s 5DX platform is an x-ray inspection solution for printed circuit assemblies.
The event will take place at Agilent’s facility in Santa Clara, CA.
Agilent’s 5DX platform is an x-ray inspection solution for printed circuit assemblies.
Press Releases
- Altus Helps to Enhance Nexperia's Production Capabilities with Essemtec Fox MFC
- AIM to Highlight NC259FPA Ultrafine No Clean Solder Paste at SMTA Long Island Expo & Tech Forum
- BTU International Announces Strategic Partnership with Repstronics to Enhance Presence in Mexico and Central America
- High-Performance TIMs: Beyond Traditional TIM Materials