The delivery performance of suppliers to manufacturing organizations continued to slow in May, according to the May 2008 Manufacturing Report on Business. ISM's Supplier Deliveries Index registered 53.7%, a decrease of 0.3% compared with the 54% registered in April. A reading above 50% indicates slower deliveries.
The six industries reporting slower supplier deliveries in May were: textile mills; chemical products; transportation equipment; fabricated metal products; miscellaneous manufacturing; and food, beverage & tobacco products. Those reporting faster deliveries in May were: apparel, leather & allied products; electrical equipment, appliances & components; and computer & electronic products.
Supplier Deliveries
% Slower
% Same
% Faster
Net
Index
May 2008
14
81
5
+9
53.7
Apr 2008
10
88
2
+8
54.0
Mar 2008
11
85
4
+7
53.6
Feb 2008
6
87
7
-1
50.1
Source: May 2008 Manufacturing ISM Report on Business