Manufacturing and Distribution Newsletter Winter 2016
2016 Manufacturing and Distribution Industry Outlook
New reports from the Institute for Supply Management (ISM) have been released, and provide a look into the future of the manufacturing and distribution industries. 2015 ended with the purchasing managers index (PMI) at the lowest percentage since June 2009. PMI in December 2015 was 48.2 percent and the second consecutive month of contraction while the economy experienced its 79th consecutive month of growth. However, there is optimism going into the new year. In the December 2015, the Business Survey Committee of ISM released its semi-annual report on economic forecast and, according to the panel of purchasing and supply management executives, 2016 is expected to be a good year with 85 percent of the panel optimistic about 2016 being the same or better than 2015.