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Georgia’s August Manufacturing Activity

by: Smith and Howard

September 28, 2015

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Georgia’s Purchasing Managers Index (PMI) — a reading of economic activity in the state’s manufacturing sector — decreased 8.3 points during August. Two key areas to note are Production and Commodity Prices; both down more than 20 points in the last month. The Purchasing Managers Index (PMI) Report is underwritten by the Manufacturing and Distribution Group of Smith & Howard, a top Atlanta CPA firm with a focus on serving manufacturing businesses, and is produced monthly by the Econometric Center at Kennesaw State University.

Other highlights of the August PMI include:

  • New orders were down 11.3 points, to 44.4
  • Production was down 20.9 points, to 42.6
  • Employment was down 11.5 points, to 48.1
  • Supplier delivery time was up 3.8 points, to 51.9
  • Finished inventory was down 1.6 points, to 42.6
  • Commodity prices were down 20.5 points, to 33.3

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