Economic Recovery Continues in 2010: Institute for Supply Management
PRICES – Predicted Changes Between End of 2009 and April 2010
Manufacturing
Thirty-eight percent of purchasing and supply managers expect the prices they pay to increase in early 2009 by an average of 5.5 percent. At the same time, 18 percent anticipate decreases averaging 10.5 percent. Including the 44 percent who expect no change in prices in the first four months of 2010, purchasers expect the net average overall price change to increase 0.2 percent for the first four months of 2010. The 10 industries predicting increases in prices paid for the first part of 2009 — in order of percentage increase — are: Transportation Equipment; Computer & Electronic Products; Food, Beverage & Tobacco Products; Furniture & Related Products; Miscellaneous Manufacturing(a); Nonmetallic Mineral Products; Paper Products; Printing & Related Support Activities; Chemical Products; and Machinery.