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PMABoston Regional Survey of Business Conditions

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February 2010
Release Date: 1 March 2010

BOSTON REGION EXPANDS
Purchasing Managers Index: 53.4
Business Confidence: 68.7

 
 
Boston Index
New Orders
Production
Employment
Supplier Deliveries
Raw Materials Inventory
Business Confidence
Commodity Prices
Product Prices
New Export Orders
Order Backlog
Finished Goods Inventories
Aug
 2009 
39.4
41.2
32.1
41.8
48.8
34.2
57.1
47.7
34.1
32.8
32.1
30.8
Sep
 2009 
47.4
55.0
36.7
50.5
55.0
34.4
59.3
44.3
38.4
34.3
31.2
21.9
Oct
 2009 
43.3
53.6
34.2
39.4
49.7
33.5
60.0
44.6
41.4
0.3
50.0
33.5
Nov
 2009 
45.9
51.9
34.7
47.7
56.1
37.0
59.5
55.5
42.1
33.0
35.7
37.0
Dec
 2009 
47.7
55.1
42.3
47.5
47.0
41.3
71.4
34.8
41.8
35.4
39.2
33.8
Jan
 2010 
44.8
50.3
37.3
41.9
46.6
51.1
58.3
61.7
51.1
37.5
35.4
34.0
Feb
 2010 
53.4
56.8
43.5
57.3
65.6
42.7
68.7
48.0
48.0
32.0
43.7
42.7

Trend Analysis

 
 
Boston Index
 Trend
 
New Orders
 Trend
 
Production
 Trend
 
Employment
 Trend
 
Supplier Deliveries
 Trend
 
Raw Materials Inventory
 Trend
 
Business Confidence
 Trend
 
Commodity Prices
 Trend
 
Product Prices
 Trend
 
New Export Orders
 Trend
 
Order Backlog
 Trend
 
Finished Goods Inventories
 Trend
 
Aug
 2009 
39.4




41.2




32.1




41.8




48.8




34.2




57.1




47.7




34.1




32.8




32.1




30.8




Sep
 2009 
47.4




55.0




36.7




50.5




55.0




34.4




59.3




44.3




38.4




34.3




31.2




21.9




Oct
 2009 
43.3




53.6




34.2




39.4




49.7




33.5




60.0




44.6




41.4




0.3




50.0




33.5




Nov
 2009 
45.9




51.9




34.7




47.7




56.1




37.0




59.5




55.5




42.1




33.0




35.7




37.0




Dec
 2009 
47.7




55.1




42.3




47.5




47.0




41.3




71.4




34.8




41.8




35.4




39.2




33.8




Jan
 2010 
44.8




50.3




37.3




41.9




46.6




51.1




58.3




61.7




51.1




37.5




35.4




34.0




Feb
 2010 
53.4




56.8




43.5




57.3




65.6




42.7




68.7




48.0




48.0




32.0




43.7




42.7




This report is based on a survey of a sampling of Purchasing Management Association of Boston members that queries whether a particular economic indicator is better, the same, or worse than the previous month. The response on each item is tabulated into a diffusion index that is calculated as the percent "better" plus one-half of the percent "same".

An index number over 50 signals expansion or an increase in that indicator. The Boston Index is composed of the weighted averages of five indicators (e.g., new orders 30%, production 25%, etc.) and should be thought of as a leading indicator.

 

 

 


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