“Purchasing Managers are slightly less optimistic than last month about the state of the local economy. Nearly a quarter (23%) of purchasing managers predicted that the local economy will become stronger in the upcoming months (down from last month’s 32%). Fifty-eight percent of purchasing managers believe the local economy will remain unchanged, and the remaining 19% believe the local economy will become weaker by next quarter.”
Exports showed a decrease from last month (54.2 to 45.8) and Imports decreased from 56.7 to 50.0.
Following are some highlights from this month’s report:
![Purchasing Managers Index](http://manufacturingunlimited.com/wp-content/uploads/2014/02/2-Purchasing-Managers-Index.jpg)
Note: Inland Empire data were not collected for the months of October and November 1996, and July 2005 and July through September 2007.
![Commodity Prices, 2014 Jan](http://manufacturingunlimited.com/wp-content/uploads/2014/02/3-Commodity-Prices.jpg)
Note: Inland Empire data were not collected for the months of October and November 1996, and July 2005 and July through September 2007.
![State of the Local Economy, 2014 Jan](http://manufacturingunlimited.com/wp-content/uploads/2014/02/4-State-of-the-Local-Economy.jpg)
Note: Inland Empire data were not collected for the months of October and November 1996, and July 2005 and July through September 2007.