Of the 18 manufacturing industries, the seven industries reporting employment growth in November -- listed in order -- are: Printing & Related Support Activities; Nonmetallic Mineral Products; Miscellaneous Manufacturing; Paper Products; Computer & Electronic Products; Primary Metals; and Machinery. The nine industries reporting a decrease in employment in November -- listed in order -- are: Wood Products; Apparel, Leather & Allied Products; Textile Mills; Petroleum & Coal Products; Chemical Products; Transportation Equipment; Fabricated Metal Products; Food, Beverage & Tobacco Products; and Electrical Equipment, Appliances & Components.

Employment %Higher %Same %Lower Net Index

Nov 2016 15 72 13 +2 52.3

Oct 2016 20 62 18+2 52.9

Sep 2016 17 63 20 -3 49.7

Aug 2016 16 65 19 -3 48.3

Supplier Deliveries

The delivery performance of suppliers to manufacturing organizations was slower in November as the Supplier Deliveries Index registered 55.7 percent, which is 3.5 percentage points higher than the 52.2 percent reported for October. A reading below 50 percent indicates faster deliveries, while a reading above 50 percent indicates slower deliveries.

The nine industries reporting slower supplier deliveries in November -- listed in order -- are: Miscellaneous Manufacturing; Fabricated Metal Products; Nonmetallic Mineral Products; Chemical Products; Food, Beverage & Tobacco Products; Plastics & Rubber Products; Transportation Equipment; Computer & Electronic Products; and Machinery. The only industry reporting faster supplier deliveries in November is Paper Products. Eight industries reported no change in supplier deliveries in November compared to October.

Supplier Deliveries %Slower %Same %Faster Net Index

Nov 2016 11 86 3 +8 55.7

Oct 2016 8 87 5 +3 52.2

Sep 2016 8 85 7 +1 50.3

Aug 2016 8 86 6 +2 50.9

Inventories*

The Inventories Index registered 49 percent in November, which is an increase of 1.5 percentage points when compared to the 47.5 percent reported for October, indicating raw materials inventories are contracting in November for the 17th consecutive month. An Inventories Index greater than 42.8 percent, over time, is generally consistent with expansion in the Bureau of Economic Analysis (BEA) figures on overall manufacturing inventories (in chained 2000 dollars).

The five industries reporting higher inventories in November are: Furniture & Related Products; Plastics & Rubber Products; Food, Beverage & Tobacco Products; Chemical Products; and Computer & Electronic Products. The six industries reporting lower inventories in November -- listed in order -- are: Textile Mills; Machinery; Fabricated Metal Products; Miscellaneous Manufacturing; Transportation Equipment; and Nonmetallic Mineral Products. Seven industries reported no change in raw materials inventories in November compared to October.

Inventories %Higher %Same %Lower Net Index

Nov 2016 15 68 17 -2 49.0

Oct 2016 16 63 21 -5 47.5

Sep 2016 16 67 17 -1 49.5

Aug 2016 18 62 20 -2 49.0

Customers' Inventories*

ISM(R) 's Customers' Inventories Index registered 49 percent in November, which is 0.5 percentage point lower than the 49.5 percent reported in October, indicating that customers' inventory levels are considered too low in November for the second consecutive month.The four manufacturing industries reporting customers' inventories as being too high during the month of November are: Fabricated Metal Products; Transportation Equipment; Primary Metals; and Petroleum & Coal Products. The eight industries reporting customers' inventories as too low during November -- listed in order -- are: Textile Mills; Plastics & Rubber Products; Paper Products; Machinery; Chemical Products; Miscellaneous Manufacturing; Food, Beverage & Tobacco Products; and Computer & Electronic Products.

Customers'

Inventories % Reporting %Too High %About Right %Too Low Net Index

Nov 2016 52 15 68 17 -2 49.0

Oct 2016 59 13 73 14 -1 49.5

Sep 2016 58 17 72 11 +6 53.0

Aug 2016 54 16 67 17 -1 49.5

Prices*

The ISM(R) Prices Index registered 54.5 percent in November, the same reading as reported in October, indicating an increase in raw materials prices for the ninth consecutive month. In November, 21 percent of respondents reported paying higher prices, 12 percent reported paying lower prices, and 67 percent of supply executives reported paying the same prices as in October. A Prices Index above 52.4 percent, over time, is generally consistent with an increase in the Bureau of Labor Statistics (BLS) Producer Price Index for Intermediate Materials.

Of the 18 manufacturing industries, the seven industries that reported paying increased prices for its raw materials in November -- listed in order -- are: Apparel, Leather & Allied Products; Fabricated Metal Products; Nonmetallic Mineral Products; Primary Metals; Chemical Products; Food, Beverage & Tobacco Products; and Plastics & Rubber Products. The five industries reporting paying lower prices during the monthof November are: Petroleum & Coal Products; Machinery; Transportation Equipment; Computer & Electronic Products; and Electrical Equipment, Appliances & Components. Six industries reported no change in raw materials prices in November compared to October.

Prices %Higher %Same %Lower Net Index

Nov 2016 21 67 12 +9 54.5

Oct 2016 25 59 16 +9 54.5

Sep 2016 20 66 14 +6 53.0

Aug 2016 19 68 13 +6 53.0

Backlog of Orders*

ISM(R) 's Backlog of Orders Index registered 49 percent in November, an increase of 3.5 percentage points when compared to the October reading of 45.5 percent, indicating contraction in order backlogs for the fifth consecutive month. Of the 87 percent of respondents who reported their backlog of orders, 21 percent reported greater backlogs, 23 percent reported smaller backlogs, and 56 percent reported no change from October.

The seven industries reporting growth in order backlogs in November -- listed in order -- are: Textile Mills; Nonmetallic Mineral Products; Computer & Electronic Products; Paper Products; Petroleum & Coal Products; Miscellaneous Manufacturing; and Primary Metals. The 11 industries reporting a decrease in order backlogs during November -- listed in order -- are: Furniture & Related Products; Printing & Related Support Activities; Wood Products; Apparel, Leather & Allied Products; Electrical Equipment, Appliances & Components; Food, Beverage & Tobacco Products; Transportation Equipment; Fabricated Metal Products; Chemical Products; Machinery; and Plastics & Rubber Products.

Backlog of Orders % Reporting %Greater %Same %Less Net Index

Nov 2016 87 21 56 23 -2 49.0

Oct 2016 88 16 59 25 -9 45.5

Sep 2016 87 19 61 20 -1 49.5

Aug 201688 18 55 27 -9 45.5

New Export Orders*

ISM(R) 's New Export Orders Index registered 52 percent in November, a decrease of 0.5 percentage point when compared to the 52.5 percent reported for October, indicating growth in new export orders for the ninth consecutive month.

The six industries reporting growth in new export orders in November -- listed in order -- are: Miscellaneous Manufacturing; Fabricated Metal Products; Computer & Electronic Products; Food, Beverage & Tobacco Products; Chemical Products; and Machinery. The seven industries reporting a decrease in new export orders during November -- listed in order -- are: Apparel, Leather & Allied Products; Printing & Related Support Activities; Nonmetallic Mineral Products; Paper Products; Electrical Equipment, Appliances & Components; Plastics & Rubber Products; and Transportation Equipment.

New Export Orders % Reporting %Higher %Same %LowerNet Index

Nov 2016 82 13 78 9 +4 52.0

Oct 2016 79 12 81 7 +5 52.5

Sep 2016 76 15 74 11 +4 52.0

Aug 2016 78 16 73 11 +5 52.5

Imports*

ISM(R) 's Imports Index registered 50.5 percent in November, which is 1.5 percentage points below the October reading of 52 percent. This month's reading indicates growth in imports for the second consecutive month.

The six industries reporting growth in imports during the month of November -- listed in order -- are: Furniture & Related Products; Computer & Electronic Products; Miscellaneous Manufacturing; Chemical Products; Fabricated Metal Products; and Machinery. The six industries reporting a decrease in imports during November -- listed in order -- are: Printing & Related Support Activities; Apparel, Leather & Allied Products; Nonmetallic Mineral Products; Plastics & Rubber Products; Food, Beverage & Tobacco Products; and Transportation Equipment.

Imports % Reporting %Higher %Same %Lower Net Index

Nov 2016 82 11 79 10 +1 50.5

Oct 2016 81 11 82 7 +4 52.0

Sep 2016 81 12 74 14 -2 49.0

Aug 2016 83 8 78 14 -6 47.0

* The Inventories, Customers' Inventories, Prices, Backlog of Orders, New Export Orders and Imports Indexes do not meet the accepted criteria for seasonal adjustments.

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December 01, 2016 10:15 ET (15:15 GMT)

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