manufacturing, factories, ISM, US factories

Electronics Leads August’s Red-Hot Factory Activity

Following a slight cool-down period in July, the nation’s factory activity is running hot. The Institute for Supply Management’s domestic production index, the PMI, grew by 3.2 percentage points to reach 61.3 in August. Any number above 50 indicates expansion. Moreover, the ISM’s leading sub-indexes, new orders and production, surged. New orders registered 65.1 percent, an…

manufacturing, tariffs, factory,

U.S. Factory Activity Slows; Tariff Worries Accelerate

Even though U.S. manufacturing activity remains robust — the nation’s leading production index, the PMI, registered 58.1 percent in July — the industry’s concern over tariffs has reached a new high, according to the Institute for Supply Management. The demand picture for U.S.-made goods remains positive, said Tim Fiore, chair for the ISM’s manufacturing business…

electronics, components, tariffs

Tariff & Supply Anxiety Increase Even as Manufacturing Grows

U.S. manufacturing activity accelerated in June—but so did anxieties around electronic component shortages and tariffs. The Institution for Supply Management’s leading production index, the PMI, increased by 1.5 percent in June to 60.2. However, electronic component constraints are being felt across multiple manufacturing sectors. “Electronic component supply issues continue to disrupt production,” a transportation industry…

supply chain, management, salaries

Supply Chain Managers Garner Good Salaries, but Gender Gap Persists

Supply chain managers are earning more than ever before in terms of both salary and overall compensation. Better yet, the profession is flourishing—salary growth for supply chain professionals outpaced the average 2017 wage increase. However, as in many other segments of business, equally-qualified women in the supply chain are still paid less than men. The…

shortages, warehouse, manufacturing,

U.S. Manufacturing’s Humming—Except for Shortages and Tariffs

U.S. manufacturers that rely on access to electronic components are on the brink of not being able to fulfill their customers’ orders. But manufacturing is still humming: The Institute for Supply Management’s leading factory index, the PMI, increased by 1.4 percent in May to 58.7. However, comments from the computer and electronics sector indicate OEMs…

ISM: Manufacturing Growth Slows in April

(Tempe, Arizona) — Economic activity in the manufacturing sector expanded in April, and the overall economy grew for the 108th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management® (ISM®) Manufacturing…