October 2023, Volume 1
MANUFACTURING DATA REPORTS
Manufacturing data reports from the Institute for Supply Management (ISM) are released at the beginning of every month and can be accessed at ISM. The latest report says economic activity in the manufacturing sector contracted in September for the 11th consecutive month after a 28-month period of growth.
The electrical equipment, appliances and components sector, as well as the computer and electronic products sector, reported contraction in September. Read the full report.
> The next supply chain crisis isn’t a shortage — it’s an “inventory glut,” reports the Harvard Business Review. Read more.
> At one community college in Ohio, students in its semiconductor training program are receiving tuition grants and immediate job offers after graduation, thanks to funding boosts from Intel. Read more.
> Samtec, a designer and manufacturer of electronic interconnect solutions, has opened a new 24,000-sq-ft manufacturing plant in Pennsylvania. Read more.
INDUSTRY TRENDS SURVEY
The October ERA Industry Trends survey is now open and accepting responses from ERA member firms!
Please note: ERA sends this survey monthly to one contact from each ERA member firm via email. Please be on the lookout for this survey in your email inbox. If you don’t see it, check all email folders, including spam. The email will come from email@example.com.
If you have been completing the survey monthly, many thanks! Our survey is only made better by a robust and diverse universe of responding companies. Help us make this survey a valuable resource for you and the rest of our members by taking 5 minutes to complete this each month. The results are visible only to ERA members and gives us a great cross-section of what our members see on the horizon for the near and long term.
> The registration deadline for this year’s live STEP program is tomorrow, Oct 11. STEP begins next Tuesday, Oct. 17. Register HERE. Sharpen your sales skills at this virtual sales training program from the comfort of your workspace. View the digital brochure, speaker list, attendee list and agenda. We hope to see you next Tuesday!
> COLT — ERA’s live, virtual chapter officer leadership training program — will take place Nov. 1-3, and registrations are still begin accepted! Chapter officers, or those interested in pursuing a chapter leader role, are encouraged to attend and gain creative ideas and practical knowledge about increasing member engagement and excitement in their local ERA chapter. View more information and register.
FOR YOUR CALENDAR
Browse the searchable ERA Industry Calendar for upcoming national and local chapter events!