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…

Would a Huawei Boycott Unravel the Supply Chain?

This article is part of AspenCore Media’s Special Project on Huawei, dissecting the global impact if China’s telecom equipment giant is sanctioned by the United States and its allies. Huawei Technologies Co. — the controversial Chinese vendor of networking gear and smartphones — faces the real possibility that its telecom equipment will be banned from U.S.…

U.S. Factory Activity Plunges to a 4-Year Low; Electronics Industry Stalls

U.S. factory activity in December plunged to a four-year low as new orders, production and employment declined sharply from November 2018 levels. Even the electronics industry, which struggled to meet component demand for the entirety of last year, abruptly hit the brakes. “Growth appears to have stopped,” a computer and electronics executive told the Institute for…

Tariffs Raise ‘Red Flag’ on Component Supply Risks

Electronics executives and industry experts are all over the map regarding the impact of U.S. and China tariffs on component supplies, OCMs, distributors and their customers. One thing is crystal clear – tariffs, or “taxes,” in one form or another are going to be passed on to buyers. Research and investment firm Morgan Stanley projects…

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…