CPSM

Services PMI® at 51.4%; March 2024 Services ISM® Report On Business®

Retrieved on: 
Wednesday, April 3, 2024
Education minister, Employment, Season, CFPM, Real estate, Backlog, Mining, Growth, Renting, Labour, Transport, Veterans' affairs, Business, Risk, COVID-19, Education, Public opinion, Information, Welfare, Retail, Science, Housing, Veteran, Public utility, Inventory, Index, Forestry, CPSM, Foodservice, Arms industry

TEMPE, Ariz., April 3, 2024 /PRNewswire/ -- Economic activity in the services sector expanded in March for the 15th consecutive month as the Services PMI® registered 51.4 percent, say the nation's purchasing and supply executives in the latest Services ISM® Report On Business®. The sector has grown in 45 of the last 46 months, with the lone contraction in December 2022.

Key Points: 
  • TEMPE, Ariz., April 3, 2024 /PRNewswire/ -- Economic activity in the services sector expanded in March for the 15th consecutive month as the Services PMI® registered 51.4 percent, say the nation's purchasing and supply executives in the latest Services ISM® Report On Business®.
  • The Business Activity Index registered 57.4 percent in March, which is 0.2 percentage point higher than the 57.2 percent recorded in February.
  • "The Supplier Deliveries Index registered 45.4 percent, 3.5 percentage points lower than the 48.9 percent recorded in February.
  • The 12 services industries reporting growth in March — listed in order — are: Accommodation & Food Services; Professional, Scientific & Technical Services; Agriculture, Forestry, Fishing & Hunting; Educational Services; Construction; Management of Companies & Support Services; Utilities; Retail Trade; Wholesale Trade; Other Services; Finance & Insurance; and Health Care & Social Assistance.

Manufacturing PMI® at 50.3%; March 2024 Manufacturing ISM® Report On Business®

Retrieved on: 
Monday, April 1, 2024
Heated tobacco product, Customer, Commodity, Backlog, Drink, Growth, Transport, USB On-The-Go, Electronic Products, Business, Component, Employment, Order, Fiore, Acquisition, Rest, Wood, Overalls, Wind, Metal, Plastic, Semiconductor, GDP, Gross domestic product, Textile manufacturing, Optimism, CPSM, Appliance, Computer, Production

TEMPE, Ariz., April 1, 2024 /PRNewswire/ -- Economic activity in the manufacturing sector expanded in March after contracting for 16 consecutive months, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®.

Key Points: 
  • TEMPE, Ariz., April 1, 2024 /PRNewswire/ -- Economic activity in the manufacturing sector expanded in March after contracting for 16 consecutive months, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®.
  • (A Manufacturing PMI® above 42.5 percent, over a period of time, generally indicates an expansion of the overall economy.)
  • The Prices Index registered 55.8 percent, up 3.3 percentage points compared to the reading of 52.5 percent in February.
  • "The Supplier Deliveries Index figure of 49.9 percent is 0.2 percentage point lower than the 50.1 percent recorded in February.

Services PMI® at 52.6%; February 2024 Services ISM® Report On Business®

Retrieved on: 
Tuesday, March 5, 2024
Retail, Real estate, Political moderate, Labour, Entertainment, Backlog, Renting, Growth, Public utility, Index, CFPM, Commodity, Season, Inventory, Forestry, Education minister, Science, Welfare, Business, Foodservice, Brass, CPSM, Employment, Transport, Service, Public administration, Arms industry

TEMPE, Ariz., March 5, 2024 /PRNewswire/ -- Economic activity in the services sector expanded in February for the 14th consecutive month as the Services PMI® registered 52.6 percent, say the nation's purchasing and supply executives in the latest Services ISM® Report On Business®. The sector has grown in 44 of the last 45 months, with the lone contraction in December 2022.

Key Points: 
  • TEMPE, Ariz., March 5, 2024 /PRNewswire/ -- Economic activity in the services sector expanded in February for the 14th consecutive month as the Services PMI® registered 52.6 percent, say the nation's purchasing and supply executives in the latest Services ISM® Report On Business®.
  • "The Supplier Deliveries Index registered 48.9 percent, 3.5 percentage points lower than the 52.4 percent recorded in January.
  • The index returned to contraction — indicating that supplier delivery performance was faster after one month in expansion (or 'slower') territory.
  • Now that we have absorbed changes and restructured strategic plans, we are on a course for a successful 2024."

Manufacturing PMI® at 47.8%; February 2024 Manufacturing ISM® Report On Business®

Retrieved on: 
Friday, March 1, 2024
Computer, Customer, Production, Import, Fiore, Allied Corporation, Forecasting, Plastic, Backlog, Appliance, Growth, Overalls, Weather, Transport, Electronic Products, Gross domestic product, GDP, USB On-The-Go, Component, CPSM, Heated tobacco product, Drink, Wood, Employment, Metal, Video game

TEMPE, Ariz., March 1, 2024 /PRNewswire/ -- Economic activity in the manufacturing sector contracted in February for the 16th consecutive month following one month of "unchanged" status (a PMI® reading of 50 percent) and 28 months of growth prior to that, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®.

Key Points: 
  • (A Manufacturing PMI® above 42.5 percent, over a period of time, generally indicates an expansion of the overall economy.)
  • The Prices Index registered 52.5 percent, down 0.4 percentage point compared to the reading of 52.9 percent in January.
  • The Backlog of Orders Index registered 46.3 percent, 1.6 percentage points higher than the 44.7 percent recorded in January.
  • "The Supplier Deliveries Index figure of 50.1 percent is 1 percentage point higher than the 49.1 percent recorded in January.

Services PMI® at 53.4%; January 2024 Services ISM® Report On Business®

Retrieved on: 
Monday, February 5, 2024
Paper, Growth, Transport, Backlog, Welfare, CFPM, Science, Renting, Steel, Retail, Uncertainty, Real estate, UAW, Suez Canal, Foodservice, Forestry, CPSM, Public administration, Education minister, Index, Communication, Entertainment, United Auto Workers, Inventory, Finance, Public utility, Iron, Employment, Business

TEMPE, Ariz., Feb. 5, 2024 /PRNewswire/ -- Economic activity in the services sector expanded in January for the 13th consecutive month as the Services PMI® registered 53.4 percent, say the nation's purchasing and supply executives in the latest Services ISM® Report On Business®. The sector has grown in 43 of the last 44 months, with the lone contraction in December 2022.

Key Points: 
  • TEMPE, Ariz., Feb. 5, 2024 /PRNewswire/ -- Economic activity in the services sector expanded in January for the 13th consecutive month as the Services PMI® registered 53.4 percent, say the nation's purchasing and supply executives in the latest Services ISM® Report On Business®.
  • The Business Activity Index registered 55.8 percent in January, matching the seasonally adjusted reading of 55.8 percent in December.
  • The index returned to expansion — indicating that supplier delivery performance was slower — after three consecutive months in contraction (or 'faster') territory.
  • The 10 services industries reporting growth in January — listed in order — are: Health Care & Social Assistance; Agriculture, Forestry, Fishing & Hunting; Professional, Scientific & Technical Services; Public Administration; Utilities; Accommodation & Food Services; Construction; Other Services; Educational Services; and Management of Companies & Support Services.

Manufacturing PMI® at 49.1%; January 2024 Manufacturing ISM® Report On Business®

Retrieved on: 
Thursday, February 1, 2024
CHIPS, Semiconductor, Computer, Heated tobacco product, Federal Reserve, GDP, Order, Plastic, Fiore, Science, Original equipment manufacturer, Employment, Component, Drink, Business, Growth, Transport, Electronic Products, Customer, CPSM, Metal, USB On-The-Go, Allied Corporation, OEM, Gross domestic product, Overalls, Petroleum, Wood, Appliance, Production, Textile manufacturing, Furniture, Backlog, Gasoline

TEMPE, Ariz., Feb. 1, 2024 /PRNewswire/ -- Economic activity in the manufacturing sector contracted in January for the 15th consecutive month following one month of "unchanged" status (a PMI® reading of 50 percent) and 28 months of growth prior to that, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®.

Key Points: 
  • (A Manufacturing PMI® above 42.5 percent, over a period of time, generally indicates an expansion of the overall economy.)
  • The Prices Index registered 52.9 percent, up 7.7 percentage points compared to the reading of 45.2 percent in December.
  • The Backlog of Orders Index registered 44.7 percent, 0.6 percentage point lower than the 45.3 percent recorded in December.
  • "The Supplier Deliveries Index figure of 49.1 percent is 2.1 percentage points higher than the 47 percent recorded in December.

Tec Inc. Engineering & Design Announces Leadership Transition in Columbus Office with a Continued Commitment to Values

Retrieved on: 
Friday, January 19, 2024
Engineering, Heart, Quality assurance, Mechanical, Environment, Quality control, CPSM, AP, LEED, Technical, CGD, Mechanical engineering, Management

COLUMBUS, Ohio, Jan. 19, 2024 /PRNewswire/ -- Tec Inc. Engineering & Design, a leading firm in the engineering and design industry, is pleased to announce key leadership changes in its Columbus office, effective January 1st, 2024.

Key Points: 
  • COLUMBUS, Ohio, Jan. 19, 2024 /PRNewswire/ -- Tec Inc. Engineering & Design, a leading firm in the engineering and design industry, is pleased to announce key leadership changes in its Columbus office, effective January 1st, 2024.
  • Mr. Jon Alexander, PE, CGD, a seasoned leader known for his commitment to our core values, will assume the role of Managing Director.
  • In keeping with the "Commitment to Quality" philosophy at Tec Inc., Mr. Todd Miller, PE, LEED AP BD+C, will continue to serve as the Director of Mechanical Engineering in the Columbus office.
  • Todd Miller's continued leadership in Mechanical Engineering is a testament to our commitment to our talented and dedicated team," stated Adam Kilbourne.

Services PMI® at 50.6%; December 2023 Services ISM® Report On Business®

Retrieved on: 
Friday, January 5, 2024
Real estate, Entertainment, Business, Transport, Retail, Consultant, Forestry, Panama Canal, Holiday, Education minister, Renting, Agriculture, Backlog, Calendar, CPSM, Growth, Weather, Public utility, CFPM, Public administration, Inventory, Welfare, Finance, Index, Employment, Science, Foodservice

TEMPE, Ariz., Jan. 5, 2024 /PRNewswire/ -- Economic activity in the services sector expanded in December for the 12th consecutive month as the Services PMI® registered 50.6 percent, say the nation's purchasing and supply executives in the latest Services ISM® Report On Business®. The sector has grown in 42 of the last 43 months, with the lone contraction in December 2022.

Key Points: 
  • The Business Activity Index registered 56.6 percent, a 1.5-percentage point increase compared to the reading of 55.1 percent in November.
  • "The Supplier Deliveries Index registered 49.5 percent, 0.1 percentage point below the 49.6 percent recorded in November.
  • The nine services industries reporting growth in December — listed in order — are: Agriculture, Forestry, Fishing & Hunting; Accommodation & Food Services; Health Care & Social Assistance; Transportation & Warehousing; Other Services; Utilities; Retail Trade; Professional, Scientific & Technical Services; and Public Administration.
  • [Health Care & Social Assistance]
    "If interest rates go down, investment borrowing will increase, as will orders for services."

Manufacturing PMI® at 47.4%; December 2023 Manufacturing ISM® Report On Business®

Retrieved on: 
Wednesday, January 3, 2024
Fiore, Forecasting, Printing, United Auto Workers, Customer, Backlog, Textile manufacturing, Computer, USB On-The-Go, Employment, Wood, Plastic, Overalls, Steel, UAW, Food, Appliance, Drink, Allied Corporation, Order, CPSM, Furniture, Commodity, Gross domestic product, Transport, Component, GDP, Electronic Products, Growth, Heated tobacco product, Production, Gasoline

TEMPE, Ariz., Jan. 3, 2024 /PRNewswire/ -- Economic activity in the manufacturing sector contracted in December for the 14th consecutive month following a 28-month period of growth, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®.

Key Points: 
  • (A Manufacturing PMI® above 48.7 percent, over a period of time, generally indicates an expansion of the overall economy.)
  • The Backlog of Orders Index registered 45.3 percent, 6 percentage points higher than the November reading of 39.3 percent.
  • "The Supplier Deliveries Index figure of 47 percent is 0.8 percentage point higher than the 46.2 percent recorded in November.
  • Fiore continues, "The U.S. manufacturing sector continued to contract, but at a slightly slower rate in December as compared to November.

CAPS Research Announces 2023-24 Executive Advisory Board

Retrieved on: 
Tuesday, December 12, 2023
Vitamix, CAPS, CPSM, Research, Fortune 1000, Organization, Transport, ASU, General Atomics, The Mosaic Company, Plain, Stanley Black, Strategic planning, Procter, ISM, Plains All American Pipeline, Sonoco, Caterpillar Inc., Eaton Corporation, Hess Corporation, Defense, Teradyne, Natural gas, Arizona State University, ExxonMobil, Stanley Black & Decker, Management, Partnership, Forecasting, North Carolina State University, Ryder, Business, CPIM, Procter & Gamble, CAPM

TEMPE, Ariz., Dec. 12, 2023 /PRNewswire/ -- CAPS Research, a supply management applied research center created in collaboration between Arizona State University (ASU) and Institute for Supply Management® (ISM®), has appointed seven new senior supply chain management executives to its Executive Advisory Board for a three-year term to end in August 2026. CAPS advisory members represent the unique blend of expertise between academia, and the supply management profession, as it sits within ISM®, the first and leading not-for-profit supply management association.

Key Points: 
  • TEMPE, Ariz., Dec. 12, 2023 /PRNewswire/ -- CAPS Research, a supply management applied research center created in collaboration between Arizona State University (ASU) and Institute for Supply Management® (ISM®), has appointed seven new senior supply chain management executives to its Executive Advisory Board for a three-year term to end in August 2026.
  • "CAPS has the honor of partnering closely with notable supply chain experts to guide its strategy, and respond to the profession's research needs," said Denis Wolowiecki, executive managing director of CAPS Research.
  • CAPS Executive Advisory Board members are typically chief procurement officers or equivalent at Fortune 1000 CAPS member companies or a notable academic partner.
  • For more information on the CAPS Research Executive Advisory Board, please visit: CAPSResearch.org .