ISM, purchasing, manufacturing, forecast

Purchasers Forecast Revenue & Production Capacity Growth in 2019

Purchasing managers and supply chain executives in manufacturing industries in the U.S. expect the economy to continue to grow throughout 2019, according to the latest economic report from the Institute for Supply Management (ISM). At the same time, many in the manufacturing sector said tariffs are negatively impacting business and the supply chain. Nearly 60…

ISM, purchasing, manufacturing, forecast

Purchasing Execs Predict Revenue, Capex & Employment Growth in 2019

U.S. purchasing and supply executives are entering 2019 with a bit less enthusiasm than 2018, although optimism remains strong for the next calendar year. Sixty-four percent of U.S. manufacturers polled by the Institute for Supply Management expect their revenue will grow by 5.7 percent in 2019, compared with the 5.1 percent increase predicted for 2018.…