institute for supply management

Factory growth picks up from September

Cars, computers and exports are leading some of the most recent manufacturing growth, according to the latest report from the Institute for Supply Management. Only two areas (Nonmetallic Mineral Products; Furniture & Related Products) shrunk during October, says ISM, while 14 showed expansion. October was the 15th consecutive month for manufacturing to expand, and the overall economy grew for the 18th consecutive month, ISM reports. And last month’s growth measured 56.9 percent on ISM’s scale, up 2.5 ...

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Confidence lackluster, but factories humming

Tuesday’s report on consumer confidence was a bit sour, even though the index was up a tad. “Overall, consumers remain apprehensive about the future," said an official with The Conference Board Consumer Research Center, which manages the survey. But, hey, that’s just a survey of how people feel. A report this morning shows that manufacturing, which has a more direct impact on trucking, continues to improve. One of the most active manufacturing sectors was transportation equipment, ...

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Just one word. Are you listening?

The Institute for Supply Management’s monthly report on factory output lists Plastics (with rubber products) as the fastest growing segment. The news remains strong overall for manufacturing, which had its 12th consecutive month of expansion.

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Manufacturing still growing, but more slowly

The recovery is still with us, note the factory-watchers at the Institute for Supply Management. The manufacturing sector expanded in June for the 11th consecutive month, though at a less heated pace than in May. The overall economy for the 14th consecutive month in June. Of course, the housing and labor markets still suffer. The first affects flatbed freight, though flatbed seems to have enough other business to have started the year well. First-quarter data from ATBS ...

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Paper products leading factory growth

The latest news from manufacturers, reporting a strong May, backs up reports that freight is growing. Manufacturing expanded in May for the 10th consecutive month, and the overall economy grew for the 13th consecutive month, according to the supply executives polled for the Institute for Supply Management’s Report On Business. “Employment continues to grow as manufacturers have added to payrolls for six consecutive months,” says Norbert J. Ore of ISM. “The recovery continues to broaden as 16 ...

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Factories humming; inventories start growing

Today’s report on manufacturing shows it expanded in March for the eighth consecutive month, says the Institute for Supply Management, which does a monthly survey of supply executives. The good news mirrors what many in the trucking industry have said in recent weeks about freight demand – and driver demand with it – picking up. ISM also says the overall economy grew for the 11th consecutive month. “The rate of growth as indicated by the PMI (Purchasing ...

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Clothes, fuel and computers lead factory report

Clothing was one of nine growing sectors that produced the fifth consecutive month of expansion for the nation’s manufacturing sector.

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