Economic Recovery Continues in 2010: Institute for Supply Management
IMPORT BUSINESS — Predicted Change for Next Half Year (First Half of 2010)
Manufacturing
Purchasers expect an increase in imports in the first half of 2010. Of the 87 percent of purchasers who reported they import, 43 percent predict an increase in their imports over the next half year (37 percent moderate and 6 percent substantial), while 10 percent predict a decrease in imports of materials (9 percent moderate and 1 percent substantial). Slightly less than half of survey respondents (47 percent) expect no change in imports. The 14 industries expecting growth in imports — listed in order — are: Apparel, Leather & Allied Products; Nonmetallic Mineral Products; Plastics & Rubber Products; Wood Products; Transportation Equipment; Miscellaneous Manufacturing(a); Food, Beverage & Tobacco Products; Paper Products; Printing & Related Support Activities; Textile Mills; Electrical Equipment, Appliances & Components; Machinery; Fabricated Metal Products; and Chemical Products.