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omy is generally expanding; below 50 percent indicates that it is generally contracting. The PMI reached its highest level since February 2018, when it reached 60.8 points. However, inventories continue to struggle to maintain expansion levels as a result of supplier deliveries slowing further. The past relationship between the PMI and the overall economy indi- cates that the PMI for June (60.2 per- cent) corresponds to a 5.2 percent in- crease in real gross domestic product on an annualized basis. A PMI above 43.2 percent, over a period of time, generally indicates an expansion of the overall economy. Canadian primary aluminium production analyzed MONTREAL, Que.—The Alumin- ium Association of Canada has reported that primary aluminium production in Canada in May 2018 totaled 247,110 metric tons. The monthly production was up 2.81 percent in comparison with the month of April 2018. The year-to-date average daily production is 8,057 tons. Compared to last year, the annual projection of production would be lower by 8.45 percent. This report is based on information provided to The Aluminium Association of Canada by survey participants, which is aggregated by the Association. Global electrocoating market examined HYDERABAD, India—The global electrocoating market is expected to witness a CAGR of 5.58 percent from 2018 to 2023. This is according to Global Electrocoating (E-Coat) Market – Segmented by Type, Technology, Appli- cation, and Geography – Growth, Trends, and Forecast (2018-2023), a re- port from Mordor Intelligence, an in- dustrial market research firm. Cur- rently, the automotive sector is the largest consumer of electrocoating technology, with increasing demand from developing countries. In the Asia-Pacific region and the Middle East, the demand for e-coat products is increasing due to rapid urbanization. Asia-Pacific leads the global e-coating market with a share of 44 percent, fol- lowed by Western Europe at 21 per- cent, and North America at 20 percent. ket players. Along with strategically an- alyzing the key micro markets, the re- port also focuses on industry-specific drivers, restraints, opportunities, and challenges. It offers in-depth analysis of the market size (revenue), market share, major market segments, key market players, and premium industry trends. Manufacturing sector's economic activity continues to expand TEMPE, Ariz.—Economic activity in the manufacturing sector expanded in June, and the overall economy grew for the 110th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business. The report is based on data compiled from purchasing and supply executives nationwide. The June PMI registered 60.2 percent, an increase of 1.5 percentage points from the May reading of 58.7 percent. The New Orders Index registered 63.5 percent, a decrease of 0.2 percentage point from the May reading of 63.7 percent. The Production Index regis- tered 62.3 percent, a 0.8 percentage point increase compared to the May reading of 61.5 percent. The Employ- ment Index registered 56 percent, a de- crease of 0.3 percentage point from the May reading of 56.3 percent. The Sup- plier Deliveries Index registered 68.2 percent, a 6.2 percentage point increase from the May reading of 62 percent. The Inventories Index registered 50.8 percent, an increase of 0.6 percentage point from the May reading of 50.2 percent. The Prices Index registered 76.8 percent in June, a 2.7 percentage point decrease from the May reading of 79.5 percent, indicating higher raw materials prices for the 28th consecu- tive month. Comments from the panel reflect continued expanding business strength as demand remains strong. Manufacturing expanded in June as the PMI registered 60.2 percent, an increase of 1.5 percentage points from the May reading of 58.7 percent. This indicates strong growth in manufac- turing for the 22nd consecutive month, led by continued expansion in new orders, production and employ- ment. A reading above 50 percent in- dicates that the manufacturing econ- 34 POWDER COATING, August 2018 Visit our website now for Industry Updates pcoating.com