ISM: Manufacturing Expands For 10th Consecutive Month In March 2021 Economic activity in the manufacturing sector grew in March, with the overall economy notching a 10th consecu- tive month of growth, say the nation’s supply executives in the latest Manufacturing ISM Report On Business. The report was issued last week by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Manage- ment (ISM) Manufacturing Business Survey Committee: “The March Manufacturing PMI registered 64.7 percent, an increase of 3.9 percentage points from the February reading of 60.8 percent. This figure indicates expansion in the overall economy for the 10th month in a row after contraction in April. The New Orders Index registered 68 percent, up 3.2 percentage points from the February read- ing of 64.8 percent. “The Production Index registered 68.1 percent, an in- crease of 4.9 percentage points compared to the Febru- ary reading of 63.2 percent. The Backlog of Orders Index registered 67.5 percent, 3.5 percentage points above the February reading of 64 percent. The Employment Index registered 59.6 percent, 5.2 percentage points higher than the February reading of 54.4 percent. The Supplier Deliveries Index registered 76.6 percent, up 4.6 percent- age points from the February figure of 72 percent. The CONTINUED ON PAGE 40
Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month December 2020
Year
Actual
Percent Change Avg Week Percent Change
2020 2019
34.916 31.332
11.4
8.729 7.833
11.4
Industry Total
Year-to Date
December 2020
Year
Actual
Percent Change Avg Week Percent Change
2020 2019
406.776 393.483
3.4
8.071 7.838
3.0
Industry Total
Containerboard Consumption (Thousands of Tons)
Year
Month
Percent Change Year-to-Date Percent Change
2020 2019
2.7727 2.5660
8.1
33.0739 32.3005
2.4
Container Board Inventory - Corrugator Plants (Thousands of Tons)
Corrugator Plants Only
Date
Percent Change Weeks of Supply
Percent Change
Dec. Nov.
1.8921 1.7912
5.6
2.7 2.5
8.0
Shipping Days
Year
Month
Year-to-Date
2020 2019
20 20
252 251
SOURCE: Fibre Box Association
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