ISM: Manufacturing, Economy Grows For 16th Straight Month In September Economic activity in the manufacturing sector grew in Sep- tember, with the overall economy notching a 16th consec- utive 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 September Manufacturing PMI registered 61.1 per- cent, an increase of 1.2 percentage points from the August reading of 59.9 percent. This figure indicates expansion in the overall economy for the 16th month in a row after con- traction in April 2020. The New Orders Index registered 66.7 percent, unchanged from the August reading. “The Production Index registered 59.4 percent, a de- crease of 0.6 percentage point compared to the August reading of 60 percent. The Prices Index registered 81.2 percent, up 1.8 percentage points compared to the August figure of 79.4 percent. The Backlog of Orders Index regis- tered 64.8 percent, 3.4 percentage points lower than the August reading of 68.2 percent. The Employment Index returned to growth with a reading at 50.2 percent, 1.2 per- centage points higher compared to the August reading of 49 percent. The Supplier Deliveries Index registered 73.4 CONTINUED ON PAGE 44
Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month June 2021
Year
Actual
Percent Change Avg Week Percent Change
2021 2020
35.963 34.395
4.6
8.173 7.817
4.6
Industry Total
Year-to Date
June 2021
Year
Actual
Percent Change Avg Week Percent Change
2021 2020
208.632 196.828
6.0
8.279 7.749
6.8
Industry Total
Containerboard Consumption (Thousands of Tons)
Year
Month
Percent Change Year-to-Date Percent Change
2021 2020
2.9450 2.8182
4.5
14.1095 13.3029
6.1
Container Board Inventory - Corrugator Plants (Thousands of Tons)
Corrugator Plants Only
Date
Percent Change Weeks of Supply
Percent Change
Jun. May
2.1046 1.9962
5.4
3.1 2.9
6.9
Shipping Days
Year
Month
Year-to-Date
2021 2020
22 22
126 127
SOURCE: Fibre Box Association
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