NAPM Expands Economic Coverage With Newest NAPM Report On Business®; Covering Non-Manufacturing Sectors

FOR RELEASE: April 3, 1998

Contact: NAPM Media Relations
  Tempe, AZ
  480/752-6276 ext. 3015

(Tempe, Arizona) — For more than 50 years the National Association of Purchasing Management (NAPM) has released the results of the Manufacturing NAPM Report on Business®. Beginning June 3, 1998, NAPM starts a new tradition. On this date, the results of the Non-Manufacturing NAPM Report on Business® will be released to the public for the first time during a live press conference. This event will be held at 10:00 a.m. eastern time at the Marriott Marquis, Times Square, Cantor/Jolson Rooms (located on the 9th floor), 1535 Broadway, New York, New York. Speakers include Mike Niemira, Vice President, Bank of Tokyo-Mitsubishi LTD, Norbert J. Ore, Chair, NAPM Manufacturing Business Survey Committee and Ralph Kauffman, Ph.D., C.P.M., Chair, NAPM Non-Manufacturing Business Survey Committee.

More than 370 purchasing and supply management professionals in the non-manufacturing sector participate in the survey by completing a monthly questionnaire covering Business Activity, New Orders, Backlog of Orders, New Export Orders, Inventory Change, Inventory Sentiment, Imports, Prices, Employment, and Supplier Deliveries. The respondents are from more than 60 different sectors representing nine divisions from the Standard Industrial Code classification system including Agriculture, Forestry, & Fisheries; Mining; Construction; Transportation, Communications, Electric, Gas, and Sanitary Services; Wholesale Trade; Retail Trade; Finance, Insurance & Real Estate; Services; and Public Administration. Geographic location is also a consideration.

The results of the responses are compiled in the Non-Manufacturing NAPM Report on Business® by Ralph G. Kauffman, Ph.D., C.P.M, chair of the Non-Manufacturing Business Survey Committee. Following the initial release, this new report will be issued on the third business day of each month at 10:00 a.m. eastern Time via Business Wire and Xpedite Broadcast Fax.

The National Association of Purchasing Management is a not-for-profit association that provides national and international leadership in purchasing and supply management research and education. NAPM provides its more than 44,000 members in its 180 affiliated associations with opportunities to expand their professional skills and knowledge.

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