December 2012’s Institute for Supply Management Report On Business® indicated economic activity in the manufacturing sector expanded for the month, with the overall U.S. economy growing for the 43rd consecutive month. The report is based on data compiled from purchasing and supply executives nationwide.
Manufacturing industries reporting December growth included Furniture & Related Products, Paper Products, Petroleum & Coal Products, Wood Products, Primary Metals, Computer & Electronic Products, and Food, Beverage & Tobacco Products.
U.S. new orders, production and employment have now grown for four consecutive months, along with the overall national economy.
If you can stand any more good news, U.S. exports in December rose 4.5 percent versus a 3.5 percent increase in imports. To further put this hopeful trend in your favor, utilize Data2Logistics’ services for supply chain financial optimization. Their business intelligence guidance for cost reduction and improved oversight includes focused resources to support projects including network analysis, pooled purchasing, RFP management, carrier negotiations and transportation management system software, along with informed audit and freight payment services. Together, you’ll Ship Smarter and Save.
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