The Voice for Industry
|December 10, 2008|
A regional version of the national survey of purchasing agents shows that western Washington manufacturing grew in November, but just barely.
The region scored 51 in the index compiled by the Western Washington chapter of the National Association of Purchasing Managers. Any score above 50 suggests growth while scores below 50 indicate contraction.
The national score for November was an abysmal 36.2, the worst countrywide score since 1980.
Through last August, when our regional index was a robust 65.8, the manufacturing index for western Washington had run far above the national average for a four year period dating back to spring of 2004. From January through August of this year, the regional index averaged 61.7 compared to 49.4 for the nation.
But, the regional index plummeted to 37.3 in September, coinciding with the start of the Boeing strike. The September number was the worst for our region since 2001, a year when the western Washington manufacturing index was under 50 for all 12 months of the year.
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