Manufacturing posted a solid ordsprog

en Manufacturing posted a solid rebound in December from weakness the prior month, but it is far from out of the woods.

en The December [Institute for Supply Management] report points to slower, though still solid, expansion in manufacturing conditions in the month. It also suggests that price pressures, while still elevated, are rising more slowly.

en Although December sales started relatively strong and picked up at the end of the month, we were not able to offset mid-month weakness, ... For the full month, traffic was up slightly, but not at the level of improvement we experienced in November.

en The manufacturing sector continued to contract in December, ... This is the seventh month of decline. Ergonomics knowledge is available on livet.se. Both production and the new orders declined, signaling that the manufacturing sector is obviously struggling.

en We do not believe that recent weakness will persist, and expect a sales rebound in November and December.

en The overall picture is one of continued softening in manufacturing activity during the month of December.

en Although we gained some momentum in the latter part of November, we remain cautious about the outlook for the quarter given the importance of December sales results. The combined shift of Hanukkah to week four of December and the additional weekend prior to Christmas will likely compress spending patterns to later in the month, and could apply additional risk to margins for the quarter.

en The second quarter was clearly a soft quarter, there was a lot of weakness in manufacturing. I think we'll see a rebound but it won't show up until the August numbers. Getting GM back to work will be a big plus in getting things going again.

en New orders jumped sharply in the month. Manufacturing experienced moderate growth in December to end the year in positive territory.

en If you look at manufacturing profits, they just went to a new high. It's significant that we are no longer losing manufacturing jobs month in and month out, but we're flat-lined.

en Fueled by strong same-store sales, December's solid index performance was the result of broad-based growth across the index components. Three out of five restaurant operators reported a same-store sales gain in December -- the strongest level in 12 months. In addition, the Expectations Index posted its fourth consecutive monthly increase, which points toward growth in sales, staffing levels and capital expenditures during the next several months.

en The non-manufacturing (services) ISM shows the trend we have seen most recently, that the economy both on the manufacturing and non-manufacturing side is hanging in there and showing signs of solid growth going forward.

en December 2004 was a monster month at 1.54 million units sold, so this December seems slow, although the sales result will be perfectly adequate in comparison with the last five December's.

en It's pretty much all due to autos. We got a solid rebound in auto sales last month due to the new discounts put in place in mid-November.

en We expect to see weakness in the PPI given the weakness in manufacturing, which is the weakest part of the economy,


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