Milwaukee-area manufacturing activity showed positive growth
during June, according to the Marquette-ISM Report on
Manufacturing released Monday.
The report shows the seasonally adjusted Purchasing Managers
Index was at 60.6 in June, down from 63.5 in May. Readings above
50 indicate growth, while below 50 indicates contraction. The
index has been above 50 for eight of the past 10 months, with a
significant jump in recent months from 47.3 in April to 63.5 in
The June survey respondents said new orders, production,
employment and inventories were growing on a seasonally adjusted
basis in June, but supplier deliveries slowed. According to the
survey, on an unadjusted basis, customers’ inventories declined
this month, while prices, backlog of orders, exports and imports
Manufacturers reported blue collar employment growth was growing
in June at 59.8 on the diffusion index, while white collar
employment also showed growth at 51.2.
About 25 percent of those surveyed said they expect positive
conditions in the second half of the year. The survey shows 62.5
percent expect conditions to remain the same, and 12.5 percent
anticipate conditions worsening in the next six months.