CHICAGO (MNI) – The following is the text supplied by Kingsbury
International, producer of the ISM-Chicago Business Survey, published
Wednesday:
General Comments from Members of the Survey Panel
—
Each month, the survey panelists have the opportunity to add
comments to clarify the reported activity of their organization. As
appropriate, the report includes comments selected for their insight. No
attempt is made to ensure that the nature of the comments represents the
survey panel as a whole.
—
1. There has been an increase in order time for products which are
purchased to make finished products. This is related to the chemical
industry and the requirements for many components used in finished
fluids for oil dispersants used in the Gulf Coast Oil spill.
2. Lead times are longer, orders are larger, customers want things
sooner!
3. Lead times other than electronics are fairly stable. Electronics
is skyrocketing.
4. Stabilizing?
5. Business stabilized, new orders are slightly increasing month to
month, only working overtime when needed.
6. We still need to push hard to get the few orders that we get.
It’s as if everybody is afraid to move.
7. Initial crop planting reports positive as compared to previous
years but it is too early to predict accurate yields. Entering the
critical summer weather season, both in the plains and in the gulf,
which could play a part in price spikes and/or final productions
numbers. Global weather is also a concern, particularly for products out
of the Asia-pacific regions.
8. Raw material suppliers doing a better job of ramping up to meet
the increased demand. Molding resin availability still tight but looser
than recent months. Careful investment in capacity increases leading to
lead-time extensions in some areas.
9. Concerns relative to a premature strengthening of the U.S.
Dollar could cause further deterioration in the jobs and market growth.
** Market News International Chicago **
[TOPICS: M$U$$$,MAUDS$]
