ISM Semiannual report calls for continued manufacturing and non-manufacturing growth in 2019

摘要

ACCORDING TO THE Institute for Supply Management's (ISM) Semiannual Economic Forecast released last month, optimism for the manufacturing and non-manufacturing sectors in 2019 is firmly intact, although not at the same level as 2018. Data for this report is based on feedback from U.S.-based purchasing and supply chain executives in manufacturing and non-manufacturing sectors. For manufacturing, ISM is estimating a 5.7% gain in 2019 revenue, which trails the 5.8% revenue gain for 2018. According to the report, 64% of ISM survey respondents expect 2019 revenues to be higher than 2018, with revenue growth in 2019 expected in 17 of the 18 manufacturing industries.