June manufacturing outlook – stability in the United States

According to companies responding to the June Manufacturing Business Outlook Survey, overall manufacturing activity in the United States remained stable. Although the survey’s overall activity index declined, it remained in positive territory, while the index for shipments and new orders remained negative. The employment index increased but remained negative, indicating an overall decline in employment levels. Both price indices continued to show a general upward trend in prices. Most future activity indicators remained positive, although expectations are less broadly based for overall growth over the next six months.