ISM Regional Business Survey Reports

December 17, 2005

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Glossary of Key Purchasing and Supply Terms Term of the Day:

HAZARDOUS MATERIALS
Materials that have been determined by the U.S. Department of Transportation (DOT) to be a risk to health, safety, and property. The term includes such items as explosives, flammables, poisons, corrosives, and radioactive materials. These materials must be packaged, labeled, handled, and transported according to stringent regulations from several agencies. International shipments must comply with docket HM-181, where the term "dangerous goods" is often used interchangeably with hazardous materials.

The National Association of Purchasing Management has become the Institute for Supply Management™. Please be aware that NAPM.org is now ISM.ws.

REGIONAL BUSINESS SURVEY REPORTS —

For the Month of June 2005:

Region	Economy	Main Index	Comments
Arizona	Expanding	66.3	Business Conditions Index continues its upward climb.
Boston	Contracting	48.4	PMI contracts; Business Confidence expands to 68.7.
Buffalo	Expanding	60.5	Expansion continues but at a slower rate than in May.
Chicago	Expanding	53.6	Local PMI slips slightly, but still continues to expand.
Denver	Expanding	54.7	Expansion slows in Manufacturing sector, but economy is still growing.
Denver	Expanding	60.7	Employment in Non-Manufacturing sector increases to 65.
Detroit	Expanding	51.7	Local economy picks up as PMI moves above 50.
Houston	Expanding	61	Positive trend continues for the 30th consecutive month.
New York	Contracting	42.8**	Business Conditions Index continues to contract.
W. Washington	Expanding	61.2	Expansion continues; 90-day forecast plummets to 52.9.

* These regional business survey reports use 0 (zero) as their breakeven point when referring to their main business conditions index. The national report and the other regional reports listed use 50 percent as their breakeven point.

** This index is a weighted average of the manufacturing and non-manufacturing sectors.

*** This index is a weighted average of the non-manufacturing sector.