Slowdowns were seen for new orders (57.4 from 61.8), production (59.9 from 63.9); employment (56.8 from 58.8), inventories (50.7 from 53.3) and new expoet orders (52.2 from 56). Also, supplier deliveries eased (63.8 from 61.1) and price pressures intensified (71.6 from 66.9). On the other hand, backlogs of orders rose slightly faster (55.8 from 55.7).
Of the 18 manufacturing industries, 13 reported growth in October, in the following order: Textile Mills; Electrical Equipment, Appliances & Components; Apparel, Leather & Allied Products; Plastics & Rubber Products; Food, Beverage & Tobacco Products; Computer & Electronic Products; Furniture & Related Products; Miscellaneous Manufacturing; Machinery; Transportation Equipment; Printing & Related Support Activities; Chemical Products; and Paper Products. The four industries reporting contraction in October are: Wood Products; Primary Metals; Nonmetallic Mineral Products; and Fabricated Metal Products.