MILWAUKEE – The Institute for Supply Management (ISM)-
Milwaukee Production Manufacturing Index (PMI) for November
has been revised to 70.25, up from the previous estimate of
68.93, indicating continued growth for manufacturers in
southeastern Wisconsin and northern Illinois.
index has been above 50 for 13 of the past 15 months.
October’s index registered 65.61 and September registered
report is similar to the national report published by the
Institute for Supply Management, but is not directly
seeing growth since October include new orders, production,
inventories, prices, backlog of orders, exports, and
imports. Employment and customer inventories were reported
as declining overall. Supplier deliveries were reported as
Respondents indicated issues with continuing delays at the
West Coast ports for imports from Asia which are extending
lead times and/or causing increased costs via air-shipments.
They also said that the main issue this at this time of the
year is the holiday season and end of the year.
Respondents said that year-end inventories are expected to
build up and for the year-end budget spending to rise.
report’s diffusion index, which tries to account for bias
towards the positive or negative side, moved up from 48.8
percent to 67.9 percent.