supply, forecast, grim

U.S. Supply Execs Prepare Grim Forecast for 2020

U.S. purchasing and supply executives expect the nation’s economic downturn will continue for the rest of the year as the Covid-19 pandemic obscures forecasts in the manufacturing sector. Factory revenue is expected to drop 10.3 percent in 2020 —  down 15.1 percent from December 2019 forecasts. The manufacturing and services sectors are both signaling contraction…

manufacturing growth

Manufacturing Activity Slows as Tariff Concerns Grow

U.S. electronics companies are feeling the pressure of widespread component shortages, according to the Institute for Supply Management’s latest report. Although the overall U.S. manufacturing index — the PMI — remains robust, supply constraints and extended lead times have caused some computer and electronic companies to delay or even miss sales opportunities. “Supply constraints, extended lead…