Norbert Ore Month Quotations

The overall picture is one of continued softening in manufacturing activity during the month of December.

The manufacturing sector continued to contract in December, ... This is the seventh month of decline. Both production and the new orders declined, signaling that the manufacturing sector is obviously struggling.

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.

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 grew for the 27th consecutive month in August based on the ISM data,

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.