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2H'06: Seasonal Upturn, 2007: Modest Growth

机译:2H'06:季节性好转,2007年:适度增长

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The U.S. manufacturing sector continues to expand—but at a slowing pace as higher interest rates and energy costs limit business and consumer spending. The June Institute for Supply Management's (former Purchasing Managers') index dipped to its lowest level since mid-2005 (Chart 1), however it still remains in growth territory (values above 50). Domestic electronic equipment orders (Chart 2), after a military electronics driven bubble in March, cooled in April and May. The military sector (Chart 3) was the major culprit for recent end-market order fluctuations. Note however that although bookings frequently fluctuate wildly, defense electronic shipments are about 60% greater than in 2000 and have been growing at a relatively steady pace.
机译:美国制造业继续增长,但增速和能源成本限制了企业和消费者的支出,但增速正在放缓。 6月份供应管理协会(前采购经理)指数跌至2005年中以来的最低水平(图1),但仍处于增长领域(价值超过50)。国内电子设备订单(图2)在经历了3月的军用电子产品泡沫之后,在4月和5月降温。军事部门(图3)是最近终端市场订单波动的主要原因。但是请注意,尽管预订量经常波动很大,但国防电子产品的出货量比2000年增加了约60%,并且以相对稳定的速度增长。

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