ISM’s Backlog of Orders Index registered 29.5 percent in January, 6.5 percentage points higher than the 23 percent reported in December. Of the 84 percent of respondents who reported their backlog of orders, 6 percent reported greater backlogs, 47 percent reported smaller backlogs, and 47 percent reported no change from December.
There were no industries reporting increased order backlogs in January. The industries that reported decreases in order backlogs during January are: Primary Metals; Electrical Equipment, Appliances & Components; Computer & Electronic Products; Nonmetallic Mineral Products; Paper Products; Fabricated Metal Products; Plastics & Rubber Products; Transportation Equipment; Furniture & Related Products; Printing & Related Support Activities; Wood Products; Chemical Products; Machinery; and Miscellaneous Manufacturing.
Backlog of Orders |
%
|
%Greater | %Same | %Less | Net | Index | ||||||||||||
Jan 2009 | 84 | 6 | 47 | 47 | -41 | 29.5 | ||||||||||||
Dec 2008 | 86 | 5 | 36 | 59 | -54 | 23.0 | ||||||||||||
Nov 2008 | 89 | 6 | 42 | 52 | -46 | 27.0 | ||||||||||||
Oct 2008 | 87 | 9 | 41 | 50 | -41 | 29.5 |