Norbert Ore Decline Quotations

The overall picture in September is one of negligible decline in manufacturing activity. Production registered significant growth, with nine industries reporting greater output. Deliveries of commodities were somewhat slower. However, commodities appear to be in ample supply as once again the short supply list is vacant.

This is the sixth month of decline following 22 consecutive months of growth, ... The overall picture in November is one of faster decline in manufacturing activity.

In December, we saw a decline in the rate of growth of both new orders and production, but both indexes are at levels that support economic growth.

The manufacturing sector continued to contract in September, ... This is the fourth month of decline following 22 consecutive months of growth. While both Production and New Orders grew in September, the PMI was influenced negatively by declines in the Inventories and Employment Indexes.

The manufacturing sector continued to contract in October, ... This is the fifth month of decline following 22 consecutive months of growth. While production grew in October, the new orders index declined significantly and signals a continuing softness that could carry into the fourth quarter.