A pessimistic present and optimistic future for manufacturing

The latest Empire State Manufacturing Survey, which identifies trends across manufacturing executives, showed a deceleration of current assessments of manufacturing activity and an improvement in future assessments of manufacturing activity.

By SoldAtTheTop,?Guest blogger / September 17, 2012

This chart shows current and future conditions of manufacturing activity since 2008. Monday?s report showed a notable deceleration of current assessments of manufacturing activity.

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The Empire State Manufacturing Survey consists of a series of diffusion indices distilled from a monthly survey of New York regional manufacturing executives and seeks to identify trends across 22 different current and future manufacturing related activities.

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Writer, The PaperEconomy Blog

'SoldAtTheTop' is not a pessimist by nature but a true skeptic and realist who prefers solid and sustained evidence of fundamental economic recovery to 'Goldilocks,' 'Green Shoots,' 'Mustard Seeds,' and wholesale speculation.

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Today?s report showed a notable deceleration of current assessments of manufacturing activity and an improvement to future assessments with the current activity index falling to a notably weak level of -10.41 while future activity improved to 27.22.

Current prices paid rose to 19.15 while current new orders weakened to -14.03 as assessments of future new orders improved to 17.02.

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Source: http://rss.csmonitor.com/~r/feeds/csm/~3/lfAxvXtx6uU/A-pessimistic-present-and-optimistic-future-for-manufacturing

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