Georgia's August Manufacturing Activity

Georgia’s Purchasing Managers Index (PMI) — a reading of economic activity in the state’s manufacturing sector — decreased 8.3 points during August. Two key areas to note are Production and Commodity Prices; both down more than 20 points in the last month. The Purchasing Managers Index (PMI) Report is underwritten by the Manufacturing and Distribution Group of Smith & Howard, a top Atlanta CPA firm with a focus on serving manufacturing businesses, and is produced monthly by the Econometric Center at Kennesaw State University.

Other highlights of the August PMI include:

• New orders were down 11.3 points, to 44.4
• Production was down 20.9 points, to 42.6
• Employment was down 11.5 points, to 48.1
• Supplier delivery time was up 3.8 points, to 51.9
• Finished inventory was down 1.6 points, to 42.6
• Commodity prices were down 20.5 points, to 33.3

Click here to read the full report.