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Institute for Supply Management

instituteforsupplymanagement.org

About Institute for Supply Management

Institute for Supply Management (ISM) is a non-profit organization that offers supply management courses. It is based in Tempe, Arizona.

Headquarters Location

309 W Elliot Rd #113

Tempe, Arizona, 85284,

United States

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Institute for Supply Management Patents

Institute for Supply Management has filed 2 patents.

The 3 most popular patent topics include:

  • Artificial intelligence
  • Association football defenders
  • Human resource management
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/7/2021

Supply chain management, Personality tests, Personality traits, Psychological testing, Artificial intelligence

Application

Application Date

4/7/2021

Grant Date

Title

Related Topics

Supply chain management, Personality tests, Personality traits, Psychological testing, Artificial intelligence

Status

Application

Latest Institute for Supply Management News

U.S. manufacturing is in recession: Kemp

Feb 2, 2023

Author of the article: Article content LONDON — U.S. manufacturing is already in recession based on the latest monthly report on business from the Institute for Supply Management (ISM) issued on Feb. 1: We apologize, but this video has failed to load. Try refreshing your browser, or U.S. manufacturing is in recession: Kemp Back to video * The ISM purchasing managers’ index slipped to 47.4 (16th percentile for all months since 1980) in January from 48.4 (19th percentile) in December and 57.6 (85th percentile) a year earlier. Financial Post Top Stories Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. Email Address Sign Up By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300 Thanks for signing up! A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Financial Post Top Stories will soon be in your inbox. We encountered an issue signing you up. Please try again Article content * The composite index has fallen in 12 of the last 15 months to its lowest since the first wave of the pandemic in March and April 2020 and before that the recession in June 2009. Advertisement 2 REGISTER TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors or If you are a Home delivery print subscriber, unlimited online access is included in your subscription. Activate your Online Access Now Article content * The index has been below the 50-point threshold dividing expanding activity from a contraction every month since November and is lower than in the mid-cycle slowdowns in 2015/16 and 2011/12. * The new orders component slumped to 42.5 (6th percentile) from 45.2 (8th percentile) in December and 57.9 (62nd percentile) a year ago, implying the downturn is likely to deepen over the next few months. * Manufacturers reported the inflow of new business was lower (34%) rather than higher (15%) by a clear margin. * Employment remains stronger than the other components of the survey, with the index at 50.6 (38th) in January down from 53.8 (68th percentile) a year earlier. * More manufacturers reported cutting jobs (17%) than adding them (15%) but the overall picture was one in which labor demand was little changed. Advertisement 3 Article content * The resilience of manufacturing employment is likely attributable to “labour hoarding” as businesses only recently forced to hire expensively are reluctant to reduce headcount. * In contrast to manufacturers in the Eurozone, temporarily lifted by lower energy prices, and China, lifted by the passing of the COVID wave, U.S. manufacturers felt the full impact of a cyclical slowdown. So far, only the manufacturing sector is unambiguously in recession. The evidence for the much larger services sector, which is also more labor intensive and displays much more inertia, is less clear. But if the manufacturing sector continues to contract, the rest of the economy is likely to follow into at least a significant mid-cycle slowdown and probably an outright recession. Advertisement 4 Article content Chartbook: US manufacturing activity The weakness in the manufacturing surveys is consistent with the slack demand revealed in the national income accounts for the fourth quarter of 2022. Real final sales to private domestic purchasers (FSPDP), which exclude volatile changes in inventories, trade and government spending, increased at an annualized rate of just 0.2% between October and December. Real FSPDP grew at the slowest rate since the first wave of the pandemic and before that the 2008/09 recession, consistent with an economy close to or already in recession. Household income and expenditure is also starting to falter as price increases continue to outstrip wages and other compensation. Real personal income less current transfer payments (PILT), one of the time series used to identify the onset of recessions, increased by less than 0.3% in the twelve months to December. Advertisement 5

Institute for Supply Management Frequently Asked Questions (FAQ)

  • Where is Institute for Supply Management's headquarters?

    Institute for Supply Management's headquarters is located at 309 W Elliot Rd, Tempe.

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