Filed in Manufacturing
Wednesday, December 07, 2011
While the economic recovery is showing some encouraging signs of late, it received another one this week in the form of the Institute of Supply Management’s Semiannual Economic Forecast.
Monday, December 05, 2011
The ISM’s index for measuring the sector’s overall health—known as the NMI—hit 52 in November, down slightly from October’s 52.9
Friday, December 02, 2011
With its primary index—the PMI—showing signs of leveling out in recent months, the Institute for Supply Management’s Manufacturing Report on Business increased nearly two full percentage points in November to extend the growth streak for economic activity in the manufacturing sector to 28 straight months and the overall economy showed growth for the 30th consecutive month.
Friday, November 11, 2011
Manufacturing is indeed making a significant contribution to overall GDP growth and perhaps leading the way.
Thursday, November 03, 2011
Although the numbers are showing continued signs of leveling out, the main theme of the October edition of the Institute for Supply Management’s Manufacturing (ISM) Report on Business indicated that growth is still occurring.
Wednesday, October 26, 2011
With the United States manufacturing base accounting for roughly 11 percent of Gross Domestic Product (GDP), domestic manufacturers are not only dealing with a declining base on the home front, they are also facing major disadvantages when it comes to doing business in the United States compared to global competitors.
Thursday, October 06, 2011
Prime Advantage, a major buying consortium for midsized manufacturers, announced the results of its eighth Prime Advantage Group Outlook (GO) Survey, revealing the top economic concerns of small and midsized North American manufacturers for the second half of 2011.
Monday, October 03, 2011
Manufacturing continued its growth in September as the PMI registered 51.6%, an increase of 1 percentage point when compared to August’s reading of 50.6%.
Monday, September 26, 2011
While manufacturing has been considered a bright spot for the United States economy during of the economic downturn, recent data from consultancy Grant Thornton LLP indicates that manufacturers are losing faith in the growth prospects for the economy.
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Thursday, September 15, 2011
The emergence of cloud computing is having a direct and positive impact on manufacturers’ IT performance and subsequently supply chain operations, according to a report from IDC Manufacturing Insights.