Mil­wau­kee ISM Sig­nals Bright Fu­ture for Busi­ness

The Bond Buyer - - Market News - — Gary E. Siegel

The sea­son­ally ad­justed Mil­wau­kee Re­port on Busi­ness in­creased to 65.57 in De­cem­ber from 59.62 in Novem­ber, the In­sti­tute for Sup­ply Man­age­ment-Mil­wau­kee re­ported Fri­day.

In terms of fu­ture out­look, half of re­spon­dents ex­pect pos­i­tive con­di­tions in six months, up from 46.67% in Novem­ber and 43.48% in Oc­to­ber.

New or­ders re­ceived soared to 88.33 from 66.46, pro­duc­tion grew to 72.65 from 57.94, employment de­creased to 58.67 from 61.73, sup­plier de­liv­er­ies de­creased to 65.33 from 75.29, and back­log of or­ders grew to 73.08 from 60.00.

In­ven­tory lev­els climbed to 42.86 from 36.67, cus­tomers’ in­ven­to­ries fell to 32.14 from 19.23, prices rose to 82.14 from 73.33, ex­ports slid to 62.50 from 59.09, and im­ports gained to 68.75 from 66.67.

The blue col­lar dif­fu­sion in­dex rose to 58.7 from 58.3, while the white col­lar dif­fu­sion in­dex fell to 51.3 from 58.3.

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