U.S. Manufacturers: 4.1% Growth Forecast in 2016

The domestic manufacturing industry—which appears to be ending 2015 on a sour note – expects moderate growth in 2016. The U.S. manufacturing base in November contracted for the first time in three years, according to the Institute for Supply Management’s  leading business index.  For 2016, 63 percent of respondents to the ISM’s Semiannual Economic Forecast…

Benchmarking & Analytics Aid Supply Chain Planning

Forecasting is one aspect of supply chain planning that executive constantly works at, but the goal of making accurate predictions is still elusive to many. One analyst recently forecast that in the second half of 2015 there will be more disruptions at West Coast ports as they deal with the backlog caused by previous strikes…

Device Shipments Slow

Global shipments of PCs, tablets, ultra-mobiles, and mobile phones are forecast to reach 2.5 billion units in 2015, according to Gartner Inc. This is an increase of 1.5 percent from 2014 but down from the previous quarter’s forecast of 2.8 percent growth. The report, “Forecast: PCs, Ultramobiles and Mobile Phones, Worldwide, 2012-2019, 2Q15 Update,” forecasts…

Microchip is Past “Small Correction”

Microchip Technology Inc. (NASDAQ: MCHP) this week said the “small correction” it experienced earlier this year is in the rear-view mirror as the vendor of microcontroller, mixed-signal, analog and Flash-IP solutions amended its forecast for its fiscal third quarter of 2015. Microchip now expects net sales to be down between 2 percent and 5 percent…

Survey: Manufacturing Execs Remain Confident

Prime Advantage, the leading buying consortium for midsized manufacturers, announced the findings of its thirteenth edition of the Purchasing and Manufacturing Survey, revealing financial projections and top concerns of more than 700 U.S. industrial manufacturing companies. The results show continued optimism about revenues and employment, despite concerns about rising costs and a lack of qualified…