Panel sentiment was optimistic (two positive comments for every cautious comment), a slight decrease compared to September. The New Orders and Production indexes continued at strong expansion levels. The 11 industries reporting growth in production during the month of October — listed in order — are: Nonmetallic Mineral Products; Fabricated Metal Products; Plastics & Rubber Products; Primary Metals; Food, Beverage & Tobacco Products; Machinery; Paper Products; Transportation Equipment; Chemical Products; Electrical Equipment, Appliances & Components; and Computer & Electronic Products. ISM®'s Manufacturing, Services, and Hospital Report On Business® gather data monthly through surveys of supply management professionals participating in the Business Survey Committee. Inputs — expressed as supplier deliveries, inventories and imports — continued to indicate input-driven constraints to production expansion, but at slower rates compared to September, due to a return to growth in inventory levels. That was the lowest level for the index since June 2009 when it registered at 46.3 percent. Survey Committee members reported that their companies and suppliers continue to operate in reconfigured factories; with every month, they are becoming more proficient at expanding output. The PMI was at 52.6% in June, up from 43.1% in May. Two reports released this week show manufacturing growth is positive and optimism is high. “The October Manufacturing PMI® registered 59.3 percent, up 3.9 percentage points from the September reading of 55.4 percent and the highest since September 2018 (59.3 percent). July’s result was driven by strong expansions in According to the BEA estimates for 2018 GDP (released October 29, 2019), the six largest manufacturing sub-sectors are: Computer & Electronic Products; Chemical Products; Transportation Equipment Manufacturing; Food, Beverage & Tobacco Products; Petroleum & Coal Products; and Fabricated Metal Products. The ISM's index of national factory activity rebounded to a reading of 60.7 last month. The Tempe, Ariz.-based group’s manufacturing index, known as the PMI, slipped to 47.2 percent last month. ISM® makes no representation, other than that stated within this release, regarding the individual company data collection procedures. Except as explicitly and expressly permitted by ISM, you are strictly prohibited from creating works or materials (including but not limited to tables, charts, data streams, time series variables, fonts, icons, link buttons, wallpaper, desktop themes, online postcards, montages, mashups and similar videos, greeting cards, and unlicensed merchandise) that derive from or are based on the ISM ROB Content. The ISM’s forward-looking new orders sub-index increased to a reading of 61.5 in July, the highest since September 2018, from 56.4 in June. The Employment Index broke into expansion territory for the first time since July 2019. ISM®’s New Export Orders Index registered 55.7 percent in October, up 1.4 percentage points compared to the September reading of 54.3 percent. Five (Fabricated Metal Products; Food, Beverage & Tobacco Products; Chemical Products; Computer & Electronic Products; and Transportation Equipment) of the big six industry sectors continue to expand. The Employment Index registered 53.2 percent, an increase of 3.6 percentage points from the September reading of 49.6 percent. … *Unless the New York Stock Exchange is closed. This is a change of 5.57% from last month and 26.99% from one year ago. The national report’s information reflects the entire U.S., while the regional reports contain primarily regional data from their local vicinities. The Manufacturing ISM Report On Business® is based on data compiled from purchasing and supply executives nationwide. (AP Photo/Amr Alfiky, File) For a third straight month, the index has been at its lowest levels in more than a decade (a reading of 35.8 percent in June 2010),” says Fiore. The reading of 67.9 percent is the highest reading since January 2004 (70.6 percent). 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