U.S. ISM Manufacturing Index Annual Revisions

Business at U.S. manufacturers expanded less in December than initially reported.

The Institute for Supply Management’s factory index was revised lower to 56.5 for December 2013 from the original 57.0 reading. ISM revises the seasonal adjustment factors for its monthly index every January.

The following table shows the revisions for the last four months:

==========================================================================
                     Dec.  Dec.    Nov.  Nov.    Oct.  Oct.    Sept. Sept.
                     Rev.  Prev.   Rev.  Prev.   Rev.  Prev.   Rev.  Prev.
==========================================================================
Manufacturing Index  56.5  57.0    57.0  57.3    56.6  56.4    56.0  56.2
-------------------------------------------------------------------------
New Orders           64.4  64.2    63.4  63.6    61.3  60.6    61.3  60.5
Production           61.7  62.2    62.4  62.8    60.8  60.8    61.2  62.6
Employment           55.8  56.9    55.4  56.5    54.3  53.2    54.8  55.4
==========================================================================
NOTE: All figures seasonally adjusted.

SOURCE: Institute for Supply Management
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