As per latest Manufacturing Institute of Supply Management (ISM) ‘Report on Business,’ though the US manufacturing index grew in July, the textile sector reported major declines in growth, new orders and production. The July Manufacturing PMI (Purchasing Managers Index) registered a decrease of 1.1 percentage points from the June reading of 60.6 percent, said Timothy R. Fiore, Chairman, ISM Manufacturing Business Survey Committee, said. ISM’s Business Survey Committee panelists reported that their companies and suppliers continue to struggle to meet increasing demand levels.

As per a Sourcing Journal report, ISM’s New Orders Index declined to 64.9 percent in July. Of the 18 manufacturing industries, 15 reported growth in new orders in July, led by furniture and related products. The only industry reporting a decline in new orders in July was textile mills, while apparel and leather products reported flat orders.

The Production Index registered 58.4 percent in July, 2.4 percentage points lower than the June reading of 60.8 percent.. The only industry reporting decreased production in July was textile mills, with 16 industries reporting growth in production.

The delivery performance of suppliers to manufacturing organizations was slower in July, as the Supplier Deliveries Index declined to 72.5 percent from 75.1 percent in June. All 18 industries reported slower supplier deliveries in July, led by apparel, leather and allied products, and furniture and related products and including textile mills. The Inventories Index registered 48.9 percent in July, 2.2 percent lower than the 51.1 percent reported for June, reversing two months of expansion.