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.…

Purchasing Execs on 2018: ‘Steady as She Grows’

Even as a pro-business tax reform bill awaits its fate, U.S. manufacturers are investing toward growth. Capital expenditures by U.S. factories outpaced expectations in 2017 and will increase further next year. U.S. manufacturers experienced 11 straight months of growth from January through November, driving the nation’s 2017 purchasing index to 57.4 percent from 51.5 last year.…

Price Hikes Drive Improved Semiconductor Forecasts

Electronic component suppliers have been complaining for years about eroding prices. With many types components currently in short supply, prices have finally begun to tick up. But are any of these price hikes sustainable? Typically, the answer is “no.” A continual stream of better-smaller-faster components exerts downward price pressure on older-generation products. However, one research…

tech trends

7 Tech Trends to Watch in 2017

Forecasting is still alive and well in spite of the U.S. presidential election’s outcome. Pundits claim the 2016 election was unprecedented. Businesses are hoping the same will be said about 2017’s technology market. Trends don’t necessarily guarantee market success, but as IHS Markit points out, they do impact business and consumer behavior. While 2016 was generally flat for…

Purchasing Execs Bullish on 2017

Purchasing and supply management executives expect they’ll be buying more from their suppliers next year as the U.S. economy continues the recovery that began in 2009. More than two-thirds – 67 percent — of manufacturing respondents to the Institute for Supply Management’s (ISM) Semiannual Economic Forecast expect their 2017 revenue will exceed 2016’s. The ISM’s…

Chip Market Forecast to Grow 4% in 2016

The uncertain global economy will continue to have a dampening effect on the semiconductor market, according to two leading analyst firms. While the chip industry had been able to outperform the overall electronics market for decades, chip makers have had to grow accustomed to a more sedate pace of growth. IC Insights and Future Horizons both have forecast…