ISA Economic Indicator Signals Contraction

By Chemical Processing Staff

Aug 30, 2016

The August ISA Economic Indicator Report (EIR) from the Industrial Supply Association shows that the Manufacturer Index and the Distributor Index both fell below 50 for the first time in 2016, indicating a contracting economy, according to the organization. The ISA Manufacturer Index decreased to 48.6 in July from 59.1 in June. Meanwhile, the ISA Distributor Index decreased to 44.9 in July compared to 60.4 in June. For each index, a reading above 50% indicates expansion, while a reading below 50% indicates contraction.

“Business appeared to have suffered as a result of two fewer working days in July 2016 compared to July 2015,” says Bryon Shafer, general manager of ASG Industrial and chair of ISA’s Strategic Information Committee. “However, that serves as only a partial explanation for the slowdown. Member comments indicated that the July results were the lowest in several years.”

For more information, visit:


Show Comments
Hide Comments

Join the discussion

We welcome your thoughtful comments.
All comments will display your user name.

Want to participate in the discussion?

Register for free

Log in for complete access.


No one has commented on this page yet.

RSS feed for comments on this page | RSS feed for all comments