Georgia’s Purchasing Managers Index (PMI) — a reading of economic activity in the state’s manufacturing sector — decreased by 8.3 points in May to 63.8. Even with the decrease, the reading is still significantly above 50 - the benchmark for expansion. New orders and production reverted to more moderate paces, while employment remained consistent with additional job creation.
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Topics: manufacturing, manufacturing activity, PMI, Uncategorized
Georgia’s Purchasing Managers Index (PMI) — a reading of economic activity in the state’s manufacturing sector — decreased minimally by 0.3 points in April to 72.1. National and southeast PMIs slid several points.
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Topics: manufacturing, manufacturing activity, PMI, Uncategorized
Georgia’s Purchasing Managers Index (PMI) — a reading of economic activity in the state’s manufacturing sector — increased by 11.1 points in February to 63.1, with significant gains in new orders and production. National and regional PMIs also rise, indicating industrial expansion.
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Topics: Georgia, manufacturing, manufacturing activity, PMI, Uncategorized
With three years of data under our belts and year-end numbers in, we’re happy to report that the Georgia manufacturing industry is on a very positive track, outpacing the Southeast and the nation with the state’s highest Purchasing Managers Index (PMI) performance since 2013. In fact, in nearly all of the manufacturing categories tracked by the PMI, Georgia manufacturing shows consistently strong performance.
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Topics: Advisory, Georgia manufacturing economy, manufacturing, manufacturing trends, PMI, Uncategorized
Georgia’s Purchasing Managers Index (PMI) — a reading of economic activity in the state’s manufacturing sector — decreased by 3.6 points in January, to 52.0. Although a decrease, the Georgia PMI level remains consistent with economic expansion.
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Topics: Accounting, Georgia manufacturing activity, manufacturing, PMI, Uncategorized
Georgia’s Purchasing Managers Index (PMI) — a reading of economic activity in the state’s manufacturing sector — increased by 4.1 points in October, to 53.5. Gains in new orders and employment offset the drop in production. The Southeast and National PMI remain above the 50 point threshold.
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Topics: Georgia Manufacturing, manufacturing, PMI, Uncategorized
According to Don Sabbarese, Professor of Economics at Kennesaw State University, "The August report show that the rise in Georgia new orders and production rise to offset decreases in employment, supplier delivery time, and finished inventory." At Smith & Howard, we continue to see the challenge of finding skilled workers remains at the forefront of an otherwise optimisitic view from respondents.
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Topics: Georgia manufacturing activity, manufacturing, PMI, Uncategorized
Georgia’s Purchasing Managers Index (PMI) — a reading of economic activity in the state’s manufacturing sector — increased 3.2 points during July to 52.5. The most-improved area was employment; up 19.0 points in July. 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.
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Topics: Georgia Manufacturing, manufacturing, PMI, Uncategorized
Manufacturer’s Purchasing Manager’s Index Report: 2016 Mid-Year Review
Posted by bgoricki on Jul 5, 2016 9:05:35 AM
Each month in Manufacturing and Distribution Matters, we provide monthly PMI updates to our readers. This month, we wanted to bring you a “big picture” look back at the first half of 2016.
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Topics: Georgia Manufacturing, manufacturing, PMI, Uncategorized
Georgia’s Purchasing Managers Index (PMI) — a reading of economic activity in the state’s manufacturing sector — decreased 0.1 points during June to 49.3, its lowest level of the year despite growth in various areas. Areas with the largest decrease include employment; down 12.7 points, and production; down 9.6 points. 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.
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Topics: Georgia manufacturing activity, manufacturing, PMI, Uncategorized