ISM: Manufacturing (CONT’D FROM PAGE 6)
Board Converting NEWS INTERNET DIRECTORY
2.1 percentage points lower than the August reading of 53 percent. After a single month of expansion, the Employ- ment Index contracted at 48.7 percent, 5.5 percentage points lower than the 54.2 percent recorded in August. “The Supplier Deliveries Index reading of 52.4 percent is 2.7 percentage points lower than the August figure of 55.1 percent. This is the index’s lowest reading since be- fore the coronavirus pandemic (52.2 percent in Decem- ber 2019). The Inventories Index registered 55.5 percent, 2.4 percentage points higher than the August reading of 53.1 percent. The New Export Orders Index contracted at 47.8 percent, down 1.6 percentage points compared to August’s figure of 49.4 percent. This is the index’s lowest reading since June 2020, when it registered 47.6 percent. The Imports Index remained in expansion territory at 52.6 percent, 0.1 percentage point above the August reading of 52.5 percent.” “The U.S. manufacturing sector continues to expand, but at the lowest rate since the pandemic recovery began. Following four straight months of panelists’ companies re- porting softening new orders rates, the September index reading reflects companies adjusting to potential future lower demand. Demand eased, with the (1) New Orders In- dex returning to contraction, (2) New Export Orders Index in contraction for a second consecutive month, (3) Cus- tomers’ Inventories Index remaining at a low level but as close as it’s been to an ‘about right’ reading since early in the pandemic and (4) Backlog of Orders Index approach- ing contraction. Consumption (measured by the Produc- tion and Employment indexes) declined during the period, with a combined negative 5.3-percentage point impact on the Manufacturing PMI calculation. “The Employment Index returned to contraction after one month of expansion, and the Production Index in- creased by 0.2 percentage point, staying in growth territo- ry, but at a modest level. Many Business Survey Commit- tee panelists’ companies are now managing head counts through hiring freezes and attrition to lower levels, with medium- and long-term demand more uncertain. Inputs — defined as supplier deliveries, inventories, prices and imports — accommodated growth. The Supplier Deliveries Index reached an appropriate tension level, and the Inven- tories Index increased as panelists’ companies continued to manage the total supply chain inventory. The Prices In- dex decreased for a sixth straight month and is not far from contraction territory, and the Imports Index modestly grew. “Of the six biggest manufacturing industries, four — Machinery; Transportation Equipment; Food, Beverage & Tobacco Products; and Computer & Electronic Products — registered moderate-to-strong growth in September. “Manufacturing expanded for the 28th straight month. Panelists’ companies slowed hiring activity; month-over- month supplier delivery performance was the best since December 2019; prices growth slowed notably (with the index at 60 percent or lower) for the third consecutive
SAUER SYSTEM www.sauersystem.com
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STAFFORD GROUP www.go2stafford.com
Interactive website for Stafford Corrugated Products and Stafford Cutting Dies. Featuring online ordering of replace- ment parts. Also, visitors can automatically calculate sheet size for most die-cut standards.
SUN AUTOMATION GROUP ® www.sunautomation.com
SUN Automation Group is the global leader in providing innovative solutions to the corrugated industry. SUN engi- neers and builds the SUN625 Rotary Die Cutter, provides sales, service and support in North and Central America for Latitude Machinery Corporation, manufacturer of Mini to Jumbo FFG and RDCs. Additionally, SUN is the North Amer- ican, UK and Ireland sales and service provider for Para Machinery’s line of equipment, and is the North American sales provider for Highcon. SUN also powers the corrugat- ed industry’s premier IIoT platform, Helios, and is the OEM source for Langston/Staley equipment parts and service. THACKER INDUSTRIAL SERVICE COMPANY www.thackerindustrial.com Specializing in corrugated machinery, T.I.S.CO. offers quali- ty-made products, support services, and more. T.I.S.CO. has a reputation of dependability, not only in the product, but in service and support. With more than 25 years’ experience, T.I.S.CO. installs equipment and machinery, moves or sets up entire plants, rewires and rebuilds - all over the world. VT GROUP www.vtgrouponline.com VT offers prepress services for the POP display and corru- gated shipping container industry including graphic design, optimized digitally imaged printing plates and innovative pre-mounting solutions. Our large-format digital printing fa- cility (Digital Impact) is a leading short-run manufacturer of distinctive POP displays and signage where litho-like graph-
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WPR Services was established in 2016. What originally start- ed as a technical services company expanded its product offerings to include a machine center learning platform POWtalk™. Our analysis of video, audio, machine metrics, employee ergometrics, and person to person conversation provides a way to identify safety and process inefficiencies.
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October 17, 2022
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