Manufacturing in the United States cooled in August as factories trimmed orders in anticipation that sales would weaken.The Institute for Supply Management's factory index fell to 52.9, from 53.8 in July. Readings higher than 50 signal expansion.The report, one of the first to show how the mortgage crisis and soaring...
May 06, 2007 (The Australian Financial Review - ABIX via COMTEX) -- The US Labor Department reports that productivity increased by 1.7 per cent in the March 2007 quarter. There was a 0.6 per cent per annum increase in the cost of labour. The number of people...
Factory orders rose 2.1% in September, the Commerce Department said Nov. 2. The increase, driven by rising aircraft orders, followed a 0.3% decline in August. Excluding transportation equipment, orders fell 2.4%, following a 0.7% decline.In other economic news last week:* Personal spending rose 0.1% in September, Commerce said. Personal incomes...
Growth in U.S. manufacturing eased last month to a pace consistent with the recent cooling in the economy, a survey found.The Institute for Supply Management's manufacturing index declined to 54.5 from 54.7 in July. A reading higher than 50 signals expansion.Also, construction spending in July fell by the most since...
WASHINGTON AFP — The US economy's pivotal services sector weakened in July, the Institute for Supply Management said. The ISM index of non-manufacturing activity slipped to 54.8 percent from 57.0 percent in June. That was less than Wall Street's consensus target of 56.5 percent. The report will feed...
WASHINGTON AFP — Factory activity in the United States decelerated in December, the Institute for Supply Management reported. The ISM manufacturing index dipped to 54.2 percent from 58.1 in November. Economists expected a smaller decline to 57.0 in December. "In December, we saw a decline in the rate...
WASHINGTON AFP — Activity in the US services sector accelerated at a slightly slower pace in November, the Institute for Supply Management said. The ISM nonmanufacturing index fell to 58.5 percent in November from 60 percent in October. Economists were expecting decline to about 59 percent. Readings over...
WASHINGTON AFP — The US industrial sector slowed a touch in October after posting robust growth the previous month, according to the Institute for Supply Management ISM. The ISM manufacturing index slipped marginally to 59.1 percent from 59.4 percent in September, a month that had recorded a strong acceleration...
DaimlerChrysler's chief executive, Dieter Zetsche, confirmed today that the company is negotiating with "potential partners who have shown clear interest" in buying its Chrysler division, which lost $1.5 billion last year. Dr. Zetsche did not guarantee the talks would end in a sale, and remarked that the company needs to...
WASHINGTON AFP — The vast service sector of the US economy expanded last month at the slowest pace since September, the Institute for Supply Management reported. The ISM nonmanufacturing index fell to 59.2 percent from 63.9 percent in December. The fall was larger than expected. Economists were looking for...
The Institute for Supply Management said its factory index for February was 61.4, down from 63.6 the month earlier that had been the highest since December 1983.February was the 10th month the index has been greater than 50, signaling expansion.In other economic news:* ISM's nonrnanufacturing index dropped to 60.8 in...
Apr 04, 2003 (The Australian Financial Review - ABIX via COMTEX) While investors worldwide focus on the war in Iraq, the real economic enemies persist unnoticed. Even as the US stock market went up as US forces approached the Iraqi capital of Baghdad, the Institute...
Digest Economic indicators were mixed in the past week. U.S. factory orders fell 0.8% in November, after rising 1.4% in October, the Commerce Department reported last week. In addition, factory purchasing managers in the Institute for Supply Management said its services index showed slower growth during December. ISM's index, which...
The pink slips keep flying. The economy shed 5,000 jobs last month, marking the second straight month of declines in the number of workers on U.S. payrolls, the Department of Labor said Friday. Making things even worse, the Institute for Supply Management in Tempe, Ariz., later ...
Sep 02, 2002 (The Australian Financial Review - ABIX via COMTEX) Financial markets are hoping for evidence of an improvement in US manufacturing. The US Institute for Supply Management ISM index of manufacturing for August 2002 is due to be released on 3...
From the executive summary: ‘Much has been written about the impact of the Sarbanes-Oxley Act SOA on the financial community, but little has been discussed about its impact on supply management. Nevertheless, three sections of the SOA have a direct and profound effect on supply management.’ The paper briefs about...
Regardless of whether the enterprise is in the manufacturing industry, a public entity, or a service provider, success depends on sourcing quality supply to meet the firm's needs. And in any enterprise, a portion of that supply is a service component. However, just because the opportunity exists does not mean...
The demands and pressures on employees are intense these days. Employees are doing the same or more work with fewer people. Budgets are tight and managers are constantly looking for ways to scale back. Every day, employees do what they believe to be the right thing. They are focused on...
Terminology is a natural result of new business models. Buzzwords and idioms grow within the language to describe concepts and trends. Though the term "complexity management" may be unfamiliar to some, its name quickly conjures up images of an elaborate network of difficult and intricate functions or tasks. How does...
Outlining steps to obtain passion for supply management is difficult. However, it seems to be a byproduct of other actions. Those who are constantly engaged in learning become more interested in the things they're learning and realize the impact they can have on their organizations by applying the concepts they've...
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