PMI® at 50.1%; GDP Growing at 2.1%; February 2020 Manufacturing ISM® Report On Business®

�nbsp;The Supplier Deliveries, Customers' Inventories, Prices, Backlog of Orders, New Export Orders and Imports indexes do not meet the accepted criteria for seasonal adjustments.

Buying Policy
Average commitment lead time for Capital Expenditures increased by three days in February to 143 days. Average lead time for Production Materials decreased by one day in February to 64 days. Average lead time for Maintenance, Repair and Operating (MRO) Supplies decreased by one day in February to 31 days.

Percent Reporting









Capital Expenditures

Hand-to-Mouth

30 Days

60 Days

90 Days

6 Months

1 Year+

Average Days

Feb 2020

22

5

7

19

28

19

143

Jan 2020

22

4

10

20

25

19

140

Dec 2019

20

5

9

19

26

21

147

Nov 2019

20

6

11

16

27

20

144









Production Materials

Hand-to-Mouth

30 Days

60 Days

90 Days

6 Months

1 Year+

Average Days

Feb 2020

10

34

28

19

7

2

64

Jan 2020

11

34

27

18

8

2

65

Dec 2019

11

33

28

20

6

2

63

Nov 2019

12

36

28

16

6

2

61









MRO Supplies

Hand-to-Mouth

30 Days

60 Days

90 Days

6 Months

1 Year+

Average Days

Feb 2020

40

38

14

6

2

0

31

Jan 2020

40

36

14

8

2

0

32

Dec 2019

40

35

15

5

4

1

37

Nov 2019

41

36

16

4

3

0

31


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