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May 2013
Release Date: 1 June 2013

BOSTON REGION CONTRACTION SLOWS
Purchasing Managers Index: 36.0
Business Confidence: 50.0

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

Jun  2012  52.6 65.2 47.1 48.1 66.8 16.5 83.3 51.0 51.0 0.0 33.3 16.5

Jul  2012  43.0 63.2 0.0 71.2 48.5 25.7 75.0 25.3 76.1 0.0 12.5 0.0

Aug  2012  35.7 48.1 14.3 48.8 34.9 27.4 64.2 54.5 54.5 0.0 14.2 20.5

Sep  2012  33.1 55.9 0.0 43.2 41.9 14.3 71.4 54.0 27.0 0.0 42.8 14.3

Oct  2012  36.4 50.2 20.5 59.1 29.8 0.0 90.0 47.8 47.8 0.0 20.0 0.0

Nov  2012  40.6 32.7 31.2 70.2 39.3 31.1 60.0 27.9 37.3 0.0 20.0 10.3

Dec  2012  34.9 47.3 0.0 58.5 50.7 15.0 64.2 48.8 34.8 0.0 21.4 0.0

Jan  2013  40.0 61.2 0.0 61.8 50.9 17.0 58.3 42.6 42.6 0.0 33.3 25.5

Feb  2013  37.2 50.5 0.0 68.0 35.0 32.5 50.0 91.4 36.5 0.0 33.3 48.8

Mar  2013  42.0 48.9 24.8 49.9 51.0 35.7 75.0 66.3 39.8 0.0 50.0 0.0

Apr  2013  31.4 46.3 0.0 50.2 50.1 0.0 66.6 83.0 49.8 0.0 66.6 16.3

May  2013  36.0 40.0 13.3 50.5 56.8 21.3 50.0 45.0 52.5 0.0 28.5 14.2

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.