Friday, July 31, 2015
Current Weather
Loading Current Weather....
Published: Wednesday, 12/21/2005

Manufacturing activity slows slightly in region

Manufacturing activity in northwest Ohio slowed somewhat last month and still lags national figures, according to the Northwest Ohio Manufacturing Index released yesterday by Toledo's Regional Growth Partnership.

The November figure was 50.2, down from 55.6 percent the previous month and off nearly 8 points from the national figure of 58.1. Last month was the 26th consecutively in which the local index has shown manufacturing activity as increasing. A figure above 50 means increased activity.

The employment, price, and supplier delivery components were above 56 points, while the production index fell to 43.6 points and new orders declined to 47.5 points. Inventory, at 52.5, was the only regional component that grew more rapidly than the national index, at 49.3.

Recommended for You

Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.