Category Archives: Afternoon Coffee
Manufacturing Sector Expands in February, Consumer Spending Falls
The US manufacturing sector expanded during February, according to ISM’s latest report. Consumer spending, however, fell in January by 0.2%. Afternoon Coffee brings you the latest in supply chain and procurement news.
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GDP Rate Revised at Slower Growth Rate, State Manufacturing Reports Disappoint
US gross domestic product rose by an annualized rate of 2.2% during the final quarter of 2014, slower than the 2.6% previously reported. And, recent manufacturing reports from various states also indicate an industry growing at lackluster rate. Afternoon Coffee brings you the latest in supply chain and procurement news.
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Walmart Labels Sustainable Products Online, Retailers Report Delays Due To West Coast Ports
Walmart has started calling attention to specific products made by its “sustainable” suppliers. And, other major retailers are reporting ongoing delays due to the West Coast port woes. Afternoon Coffee brings you the latest in supply chain and procurement news.
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West Coast Port Activity Resumes to Near Normal Following Tentative Contract Agreement
West Coast port operators and workers reached a tentative deal Friday night regarding a 5-year contract. But it could still take 2-6 months for the US supply chain to return to normal. Afternoon Coffee brings you the latest in supply chain and procurement news.
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Labor Secretary Sets Deadline for West Coast Port Negotiations, Apple Expected to Release Car by 2020
US Secretary of Labor Thomas Perez told West Coast port operators and workers they had to reach an agreement today or they would move contract negotiations to Washington. And, Apple may be in the car making business by 2020. Afternoon Coffee brings you the latest in supply chain and procurement news.
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Samsung Buys Mobile Payment Company, US Grows At Slow Rate in January
Samsung has entered the smartphone payment sphere, acquiring mobile wallet startup firm LoopPay. And, the US economy improved at its slowest rate in 5 months during January. Afternoon Coffee brings you the latest supply chain and procurement news.
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US Industrial Production Rises, But Producer Prices Fall
US industrial production and manufacturing output rose in January, the Federal Reserve reported today. US producer prices, however, saw their largest decline in more than 5 years during January. Afternoon Coffee brings you the latest in supply chain and procurement news.
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West Coast Port Situation Worsens, Oil Train Derails In West Virginia
The situation at the West Coast ports continues to worsen and businesses are feeling the impacts. And, a train carrying oil derailed in West Virginia, sending crude oil into a nearby river and causing surrounding towns to evacuate. Afternoon Coffee brings you the latest in supply chain and procurement news.
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Labor Secretary Joins West Coast Port Talks, US Remains a Top PV Inverter Supplier
US Secretary of Labor Thomas Perez has joined the West Coast port contract negotiations. And, the US and Japan will be the top suppliers of PV inverters this year and next, according to IHS. Afternoon Coffee brings you the latest in supply chain and procurement news.
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How Much Do We Spend on Valentine’s Day?
Today, Afternoon Coffee focuses on the beloved/hated Valentine's Day holiday. Consumer spending on V-Day is expected to reach $18.9 billion. Really!? And, it turns out, gifts are not just for humans, but pets, too! Check out this year's spending stats.
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Business Inventories, Retail Sales Fall – But Deloitte Predicts Better Future
Business inventories rose less than expected in December. Retail sales, too, were disappointing at the start of 2015. Afternoon Coffee brings you the latest in supply chain and procurement news.
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Walmart Expands in Canada, Apple Reaches $700 Billion in Value
Walmart is expanding in Canada. And, Apple closed at $700 billion in market value yesterday. Afternoon Coffee brings you the latest in supply chain and procurement news.
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