Afternoon Coffee: US Manufacturing Expands at Fastest Pace Since August 2014, D&B Partners with Thomasnet.com

VTT Studio/ Adobe Stock

The Institute for Supply Management’s purchasing managers index rose to 57.7 from 56 a month earlier, the highest gauge of orders in just over three years. The data indicate optimism following the presidential election in several industries has continued as global economy stabilizes.

“Things look good at this point,” Bradley Holcomb, chairman of the ISM survey committee, said on a conference call with reporters. “I don’t see anything here, or in the winds, that would suggest we can’t continue with this kind of pace going forward in the next few months.”

D&B and Thomasnet.com to Partner

Dun & Bradstreet and Thomasnet.com are joining forces to offer Supplier Evaluation & Risk Reports, which provide procurement credit risk data and company capability information through Thomasnet.com, according to a press release. The reports aim to help B2B buyers assess a potential partner’s business stability, as well as their abilities and qualifications, early in the supplier evaluation process.

Inflation Picks Up

U.S. inflation climbed 1.9% in January from the same month a year ago, the Wall Street Journal reports. Based on the indicator’s rise, the Federal Reserve has signaled it will likely raise short-term interest rates again as soon as the middle of the month.

The Not-So-Big Salad

And finally, news from the leafy greens supply chain: The U.S. could go two weeks in March without mesclun mix. As NPR explains, an abruptly ended harvest in Arizona and a late start to growing in California is disrupting the supply of salad greens.

Share on Procurious

Discuss this:

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.