MILWAUKEE - For the past several months, manufacturing
in the region has been constricting, but a report from
Marquette University Friday indicated it has improved
slightly in July.
Marquette-Institute of Supply Management Report on
Manufacturing showed manufacturing was at a seasonally
adjusted level of 47.12 in July. Any number under 50
indicates a constricting market. However, in June the
level was 46.55, and in May it was 47.70.
Respondents to the survey said July appeared to have
picked up in terms of orders and production and many of
the suppliers were not growing significantly. In
addition, distributors have been stocking less.
areas for manufacturers in southeastern Wisconsin and
northern Illinois were declining in July, including new
orders, production, employment, inventories and pricing.
report also stated blue collar jobs were growing in
July, while white collar jobs were declining.
Respondents also said that due to the low unemployment
rate, the challenges of hiring qualified labor have
limited some of their production operations this year.
Approximately 28.6 percent of respondents expect
positive conditions in the next six months, while 57.1
percent expect conditions to remain the same and 14.3
percent of the respondents expect conditions to worsen
within that same period, according to the report.