April Manufacturing ISM Report On Business®; PMI at 60.4%; New Orders, Production and Employment Growing; Supplier Deliveries Slower; Inventories Contracting

(b) 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 9 days to 107 days. Average lead time for Production Materials increased 5 days to 50 days. Average lead time for Maintenance, Repair and Operating (MRO) Supplies decreased 1 day to 22 days.

Percent Reporting

                           
Capital Expenditures

Hand-to-
Mouth

30
Days

60
Days

90
Days

6
Months

1
Year+

Average
Days

 
Apr 2010 32 5 10 17 26 10 107
Mar 2010 26 9 13 14 25 13 116
Feb 2010 27 6 13 15 26 13 118
Jan 2010 28 8 12 11 28 13 118
Production Materials    

Hand-to-
Mouth

   

30
Days

   

60
Days

   

90
Days

   

6
Months

   

1
Year+

   

Average
Days

 
Apr 2010 20 48 18 8 3 3 50
Mar 2010 26 40 20 10 2 2 45
Feb 2010 22 42 21 8 5 2 50
Jan 2010 24 36 23 10 4 3 53
MRO Supplies    

Hand-to-
Mouth

   

30
Days

   

60
Days

   

90
Days

   

6
Months

   

1
Year+

   

Average
Days

 
Apr 2010 50 38 8 4 0 0 22
Mar 2010 49 39 8 4 0 0 23
Feb 2010 48 36 13 3 0 0 24
Jan 2010 54 34 8 4 0 0 21

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