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Economy


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CEMA reports January 2020 orders down 6.54% compared to January 2019
January 2020 shipments decreased by 14% when compared to January 2019 billed sales.

CEMA reports estimated 2019 shipments totaled $16.6 billion, down 1.3%
New orders in 2019 were $448 million more than 2018, representing an increase of 2.8%.

Accenture acquires technology consultancy Icon Integration
Clients to benefit from addition of specialized supply chain and business intelligence capabilities which help to lower operational costs and improve performance.

KNAPP celebrates grand opening of phase 1 facility in Kennesaw, Ga.
Accelerating transition to digital economy contributes to three-year 404% growth in KNAPP's business.

ELFA announces Top 10 Equipment Acquisition Trends for 2020
Trade, innovation, elections and wild cards promise an eventful year for equipment investments.

CEMA reports November 2019 shipments up 7.2% from October
November 2019 booked orders decreased 10.6% when compared to November 2018 orders.

BOPUS a ‘real bright spot this year’
Consumers expect free shipping and a 20% reduction in expected delivery time during the holiday season. In 2018, consumers were willing to wait 3.9 days on average – today the expectation is an average of 3.1 days.

2020 Economic Outlook forecasts +1.1% equipment and software investment, 1.7% GDP growth
Equipment and software investment likely to post weakest year of growth since 2016 following the first annualized contraction in more than three years in Q3.

CEMA: October booked orders up 17.2% compared to October 2018
October 2019 billed sales down 18.6% compared to October 2018 sales.

Other Voices: How to help your manufacturing business navigate economic downturns
A comprehensive review of worker activity, safety and attitude is an important element to optimizing labor value and surviving an economic downturn.

NRF and Dept. of Commerce report October retail sales gains
Commerce reported that October retail sales, at $526.5 billion, were up 0.3% compared to September and up 3.1% annually. NRF reported that October retail sales were up 0.2% from September to October on a seasonally adjusted basis and up 4.2% on an unadjusted basis.

Deloitte: Manufacturing at continued risk for disruption
Outlook provides insights to help leaders navigate uncertainty and increase operational flexibility for the future amid ongoing volatility. in costs and policy decisions

CEMA reports 69% increase in orders in one month
Orders for unit handling equipment nearly doubled from August to September.

Deloitte research captures impact of trade and economy on supply chain procurement
Survey illustrates concerns of procurement leaders – representing companies with a combined annual turnover of $5 trillion – and provides exclusive insights into the key challenges and opportunities impacting procurement.

Deloitte: Faced with economic and trade threats, CPOs pressured to cut costs
Respondents cited an economic downturn as the No. 1 ris, with 46% identifying it as a top risk impacting procurement and 70% indicating they are very likely to cut costs over the next year.


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