Posted on 08/29/2003 5:05:19 PM PDT by Starwind
Chicago PMI index 58.9 in Aug vs 55.9 in July
Friday August 29, 10:06 am ET
NEW YORK, Aug 29 (Reuters) - The National Association of Purchasing Management-Chicago said on Friday its index of Midwest manufacturing activity came in higher in August at 58.9 from 55.9 in July, well above analysts' expectations of 55.5. The reading remained above the critical threshold of 50, which separates growth from contraction in the sector. . Aug July June May Apr Mar Feb (seasonal adj) NAPM-Chicago 58.9 55.9 52.5 52.2 47.6 48.4 54.9 Production* 61.6 58.4 56.5 60.5 51.0 49.1 62.4 New Orders* 60.5 61.7 54.8 54.6 44.6 52.5 59.0 Order Backlog* 51.0 49.4 45.8 44.4 45.8 43.5 44.6 Inventories 49.8 39.4 48.8 42.3 43.0 48.0 46.2 Employment* 51.2 46.0 43.8 43.6 43.7 45.1 46.6 Supplier Deliveries* 51.8 49.3 52.5 46.6 50.3 51.8 51.7 Prices Paid* 52.4 47.9 49.1 53.7 55.9 62.8 54.9 (* indicates components used to calculate index)
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