Shutdown Has Little Impact on Manufacturing

The recent shutdown by the U.S. government did not appear to have an effect on domestic manufacturing activity, according to the nation’s supply executives. A leading indicator of economic growth, the Institute for Supply Management’s Purchasing Manager’s Index (PMI), increased for the fifth straight month to reach 56.4 percent.  A PMI reading above 50 percent…

ISM: Manufacturing Growth Continues

Economic activity in the manufacturing sector expanded in October for the fifth consecutive month, and the overall economy grew for the 53rd consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business®.  The report was issued  by Bradley J. Holcomb, CPSM, CPSD, chair of the Institute for Supply Management™ Manufacturing…

Manufacturers Bullish on Second Half of 2013

Small and midsize manufacturers are expressing optimism about their business during the second half of the year in spite of concerns about federal regulation and fiscal policies. Ninety-seven percent of respondents to a survey conducted by buying consortium Prime Advantage expects revenues to be better than or equal to the first half of 2013. Forty-two…

ISM: July Indexes Surge

Economic activity in the manufacturing sector expanded in July for the second consecutive month, and the overall economy grew for the 50th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business. The report was issued  by Bradley J. Holcomb, CPSM, CPSD, chair of the Institute for Supply Management™ Manufacturing…