Economic Recovery Continues in 2010: Institute for Supply Management
EXPORT BUSINESS — Predicted Change for Next Half Year (First Half of 2010)
Manufacturing
The responses for this semiannual report indicate purchasers see increases in new export orders for the first half of 2010. This is consistent with the most recent ISM New Export Orders Index data in the monthly Manufacturing ISM Report On Business®, which has shown growth in new export orders in the last five months. Of the 77 percent of respondents who export, 64 percent predict an increase (60 percent moderate and 4 percent substantial) over the next half-year. Two percent of respondents (2 percent moderate and 0 percent substantial) predict a decrease in their exports, and 34 percent anticipate no change in exports over the next half-year. The 15 industries expecting growth in exports during the first half of 2010 — in order of percentage increase — are: Paper Products; Printing & Related Support Activities; Apparel, Leather & Allied Products; Nonmetallic Mineral Products; Plastics & Rubber Products; Electrical Equipment, Appliances & Components; Transportation Equipment; Chemical Products; Computer & Electronic Products; Food, Beverage & Tobacco Products; Fabricated Metal Products; Textile Mills; Miscellaneous Manufacturing(a); Primary Metals; and Machinery.