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Economic Growth To Continue Throughout 2013
Date:4/30/2013

remaining months of 2013, 31 percent expect employment to increase 7 percent, 13 percent anticipate employment to decrease by 7.4 percent, and 56 percent expect their employment levels to be unchanged. The 11 industries anticipating increases in employment in the remaining months of 2013 — listed in order — are: Arts, Entertainment & Recreation; Construction; Transportation & Warehousing; Professional, Scientific & Technical Services; Retail Trade; Other Services; Accommodation & Food Services; Wholesale Trade; Management of Companies & Support Services; Public Administration; and Real Estate, Rental & Leasing.Predicted Change in Overall EmploymentManufacturingNon-ManufacturingPredicted

for 2013

Dec 2012

Balance of

2013 

April 2013

 

Magnitude

of Change

Predicted

for 2013

Dec 2012

Balance of

2013

April 2013

 

Magnitude

of ChangeHigher

30%

32%

+6.1%

34%

31%

+7%Same

50%

51%

NA

51%

56%

NALower

20%

17%

-6.2%

15%

13%

-7.4%Net Average+0.9%+1.3%Diffusion Index

55%

57.5%59.5%59%BUSINESS REVENUESBusiness Revenues Comparison — 2013 vs. 2012Manufacturing
Looking ahead, expectations are for increased revenues in 2013 as purchasing and supply management executives indicate an overall net nominal increase of 4.8 percent in business revenues for 2013 over 2012. This is 0.2 percentage point higher than the 4.6 percent increase that was forecast in December 2012 for all of 2013, and 0.8 percentage point higher than the 4 percent increase reported for 2012 over 2011. Sixty-six percent of respondents say that nominal revenues (before adjusting for inflation) for 2013 will increase an average of 9.9 percent over 20
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SOURCE Institute for Supply Management
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