There were concerns about the economy, weakening in new orders, the strength of the dollar, Asian demand and railroad delays.

214

This is the sixth month of decline following 22 consecutive months of growth, ... The overall picture in November is one of faster decline in manufacturing activity.

208

The manufacturing sector continued to contract in December, ... This is the seventh month of decline. Both production and the new orders declined, signaling that the manufacturing sector is obviously struggling.

182

Supply managers continue to be challenged by business conditions, ... The start of the war will begin to bring clarity to a difficult situation. In many ways, the threat of war was more intimidating than the actualization.

143

The overall picture in September is one of negligible decline in manufacturing activity. Production registered significant growth, with nine industries reporting greater output. Deliveries of commodities were somewhat slower. However, commodities appear to be in ample supply as once again the short supply list is vacant.

142

While energy prices and the impact from Hurricane Katrina are major concerns, the manufacturing sector has regained significant momentum.

133

The overall picture in August as indicated by growth in production, new orders, and backlog of orders is one of continued growth in manufacturing activity.

112

The rate of growth of new orders and production is strong while prices were up for a number of commodities, with eleven industries reporting that they are paying higher prices.

81

The manufacturing sector continued to contract in October, ... This is the fifth month of decline following 22 consecutive months of growth. While production grew in October, the new orders index declined significantly and signals a continuing softness that could carry into the fourth quarter.

69