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ISM reports solid non-manufacturing growth in May
The NMI index headed up 1.8% to 58.6 in May, 0.9% ahead of the 12-month average of 58.6.

CBRE research makes the case for more warehouse and distribution center development
Report analyzes the gap between rental rates developers can expect and the rates needed to cover all development expenses.

ISM May manufacturing report is strong
ISM said that PMI, the report’s key metric, increased 1.4% in May to 58.7, marking the 21st consecutive month of growth, with the overall economy now having grown for 109 straight months.

White House plans to impose a 25% tariff on $50 billion of goods from China
In a wide-ranging statement, the White House said that under Section 301 of the Trade Act of 1974, the United States will impose tariffs on goods containing industrially significant technology, including those related to the ‘Made in China 2025’ program.

Retail sales are up in April
Retail sales data issued today by the United States Department of Commerce and the National Retail Federation (NRF) showed modest sequential gains and varying annual gains.

CEMA reports March 2018 orders increased 82.9% compared to March 2017
Much of the gains occurred recently, as March orders of unit handling equipment were double those of February.

ISM Semiannual Economic Forecast looks at 2018 as a growth year
ISM estimates a 6.6% gain in 2018 manufacturing revenue, ahead of December's 5.1% reading. Non-manufacturing revenues expected to rise 3.2% in 2018.

Combilift opens new $60 million manufacturing facility and global headquarters
Celebrating its 20th anniversary, the company has produced more than 40,000 customized forklifts.

CBRE research shows many U.S. warehouses are under-equipped to meet e-commerce demands
Although the United States warehousing market has tight vacancy rates, strong absorption rates and rent levels, study suggests it is also a victim of its own success amid the ongoing strength of e-commerce.

CHEP wins Environmental Initiative of the Year award at Industrial Pack 2018
Unanimous decision by awards’ jury honors CHEP’s carbon-neutral half pallet solution.

ISM reports March non-manufacturing activity remains on solid footing
NMI index fell 0.7% to 58.8 in March, slightly below February’s 59.5 following January’s all-time high of 59.9.

CEMA reports 2017 shipments up nearly 16%, an increase of $1.85 billion
Officers elected at annual meeting, including Ned Thompson as new president of CEMA.

Survey: CFOs increase spending on digital transformation, seek competitive edge
Driven to compete, 40% of financial leaders plan a spending increase of more than 10% in the next 12 months.

Non-manufacturing activity remains in growth mode in February, reports ISM
NMI index dipped 0.4% to 59.5 in February, slightly below January’s all-time high NMI reading.

Robotics, vision and motion control industries set new growth records in 2017
Non-automotive robot orders grew 20.5% in units and 7.3% in dollars; shipments up 29.7%.


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