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

ate, Rental & Leasing; Mining; Accommodation & Food Services; Professional, Scientific & Technical Services; Arts, Entertainment & Recreation; Finance & Insurance; Educational Services; Utilities; Retail Trade; Transportation & Warehousing; Health Care & Social Assistance; and Information.Prices – Predicted Changes Between End of 2012 and End of 2013ManufacturingNon-ManufacturingPredicted

Dec 2012

Predicted

April 2013

Magnitude

of Change

Predicted

Dec 2012

Predicted

April 2013

Magnitude

of ChangeHigher

63%

55%

+5.6%

71%

60%

+4.7%Same

22%

28%

NA

18%

33%

NALower

15%

17%

-4.6%

11%

7%

-6.0%Net Average

+2.8%+2.3%

+2.7%+2.4%EMPLOYMENTChange in Overall Employment – Balance 2013Manufacturing
ISM's Manufacturing Business Survey respondents forecast that manufacturing employment will increase 0.9 percent during the balance of 2013, with 32 percent expecting employment to be 6.1 percent higher. This is in contrast to the 17 percent who predict employment to be lower by 6.2 percent. The remaining 51 percent of respondents expect their employment levels to be unchanged for the remainder of 2013. The 10 industries reporting expectations of growth in employment during the year — listed in order — are: Furniture & Related Products; Wood Products; Electrical Equipment, Appliances & Components; Fabricated Metal Products; Printing & Related Support Activities; Paper Products; Plastics & Rubber Products; Miscellaneous Manufacturing; Transportation Equipment; and Machinery.

Non-Manufacturing
ISM's Non-Manufacturing Business Survey Committee respondents forecast that employment will increase 1.3 percent during the balance of 2013. For the
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SOURCE Institute for Supply Management
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