For manufacturing, ISM is estimating a 4.8% annual increase in 2020 revenue, which is up from the 1.9% increase that was pegged for 2019 over 2018. What’s more, 58.1% of manufacturing respondents expected 2020 revenues to be higher than 2019. And revenue growth in 2020 is expected to see annual gains in all 18 manufacturing industries ISM tracks.
Source: logistics Mgmt
ISM report points to expected manufacturing and non-manufacturing growth in 2020
More from News,More posts in News, »
- Ongoing demand weakness again impacts FedEx earnings
- Commerce, NRF data shows mixed sequential readings and annual gains
- National diesel average is down, for week of March 13, reports EIA
- Korn Ferry survey highlights impact of Covid on supply chain staff culture
- Truckers waiting out slow first half of year in hopes of solid demand later
Be First to Comment