U.S. Manufacturing PMI Shows Factory Activity Slowed in December

According to a recent Trading Economics article, Markit’s U.S. Manufacturing PMI fell to 51.3 in December from 52.8 the previous month.  This number reportedly represents the lowestIndustrial Storage figure since November 2012, with new order growth remaining the weakest since September 2009 and production volumes rising the least since October 2013.

As noted in a Seeking Alpha article covering the December PMI, the numbers indicate U.S. factory activity is slowing.  While a reading above 50 signals expansion, the article reports that PMI numbers have been steadily dropping from a high of 58 to current levels since early 2014.

Seeking Alpha says falling commodity prices and declining business spending are weighing on manufacturing PMI.  With factory activity looking to remain suppressed, notes the article, investors are pushing transport stocks lower.

Despite the negative trends in factory output and new orders, “a solid pace of employment growth was maintained across the manufacturing sector during December,” reports Trading Economics.  “The latest upturn in payroll numbers marked two-and-a-half years of sustained job creation, which survey respondents mainly linked to expectations of improving demand in 2016.”

With the manufacturing sector continuing to fluctuate, manufacturing companies across the country need to find ways to maintain momentum by driving efficiency and organization.  Lista helps manufacturing facilities operate at peak efficiency with a range of storage solutions, including storage cabinets, assembly workbenches, and more. 

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