December Manufacturing ISM Report On Business

(c) The Backlog of Orders, Prices, Customers’ Inventories, Imports and New Export Orders Indexes do not meet the accepted criteria for seasonal adjustments.

Buying Policy

Average commitment lead time for Capital Expenditures decreased 5 days to 101 days. Average lead time for Production Materials decreased 1 day to 47 days. Average lead time for Maintenance, Repair and Operating (MRO) Supplies increased 2 days to 23 days.

Percent Reporting

Capital Expenditures	Hand-to- Mouth	30 Days	60 Days	90 Days	6 Months	1 Year+	Average Days

Dec 2008	33	6	11	17	24	9	101
Nov 2008	28	8	11	20	23	10	106
Oct 2008	23	12	12	17	24	12	114
Sep 2008	28	5	14	15	27	11	113

Production Materials	Hand-to- Mouth	30 Days	60 Days	90 Days	6 Months	1 Year+	Average Days

Dec 2008	31	37	22	5	1	4	47
Nov 2008	24	40	23	7	4	2	48
Oct 2008	27	37	24	6	3	3	48
Sep 2008	26	39	18	10	4	3	51

MRO Supplies	Hand-to- Mouth	30 Days	60 Days	90 Days	6 Months	1 Year+	Average Days

Dec 2008	57	31	9	2	0	1	23
Nov 2008	62	26	8	2	2	0	21
Oct 2008	52	36	8	2	1	1	25
Sep 2008	53	37	7	2	1	0	22

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