Economic Recovery Continues in 2010: Institute for Supply Management
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PRICES — Changes Between End of 2008 and End of 2009
Manufacturing
After an initial forecast in April 2009 of a 5.3 percent decrease in prices paid, survey respondents now report realized price decreases averaging 4.6 percent for the year. The 13 percent who say their prices are higher now than at the end of 2008 report an average increase of 11.7 percent, while the 63 percent who report lower prices averaged a 9.7 percent decrease. The remaining 24 percent indicate no change between the end of 2008 and the end of 2009. The three industries reporting price increases — in order of percentage increase — are: Plastics & Rubber Products; Petroleum & Coal Products; and Machinery.
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