The Institute for Supply Management’s Manufacturing ISM Report On Business® (commonly referred to as the “manufacturing” or “factory” index) fell to 49.6 in August. This was relatively unchanged from July’s reading of 49.8. Consensus was for a modest increase to 50. A number greater than 50 signals expansion
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After being unchanged in the previous month, operating conditions in the Turkish manufacturing sector improved for the first time in three months during September. New orders returned to growth following two successive monthly falls, and output increased at a faster pace.
Agenda • Manufacturing in the US • Why the US should care: The PCAST Opinion • What the US can do: The AMP Recommendations • Recent Initiatives
Canadas move from a manufacturing to a service-based economy enabled Canadians to enrich themselves and shaped their consumption patterns. Most major industrialized economies underwent a similar transformation.
Businesses in manufacturing and distribution are still growing in 2012, but that growth - and the optimism that accomanied it- is temered by a number of influences.