- For the seventh straight month, a report on the state of
manufacturing in southeastern Wisconsin and northern Illinois from
Marquette University finds that the industry remains constricted.
to the Institute for Supply Management Report on Manufacturing for
the month of October, manufacturers have continued concern regarding
the lack of quality vendors, which results in long-term issues such
as poor customer service and lower inventory.
seasonally adjusted index for October was 46.66. Levels below 50
indicate a constricted industry. In September, the index was 39.44
and in August it was 47.67. The index has been at or below 50 for 17
of the past 26 months, according to the report that was issued
concern respondents expressed in October was about the
continuing slowdown in the energy sector, specifically oil and gas.
has caused a severe slowdown in the sales of materials used in
fracking which is a significant part of some companies’ total
sales,” reads the report.
addition, respondents said there is the expectation that
manufacturing will remain down in the Midwest for the next six
areas of manufacturing are declining, according to the report,
including new orders, production, prices and exports. Increasing
areas are employment and imports while supplier deliveries are
positive news, the respondents said there was a substantial increase
in the number of orders and thus there is a need to add some
capacity in production.