It’s Only Common Sense Mastering the Follow-Up—The Key to Closing More Deals
Driving Innovation: Registration in PCB Production Throughout the Process
Dan's Biz Bookshelf: 'Getting Naked: A Business Fable'
Economic Growth Continues; Manufacturing Growth Expected in 2016
December 9, 2015 | Business WireEstimated reading time: 5 minutes
Respondents in non-manufacturing industries expect the prices they pay for materials and services will increase by 1.5 percent during 2016. They also forecast their overall labor and benefit costs will increase 2.3 percent in 2016. Profit margins are reported to have increased in the second and third quarters of 2015, and respondents expect them to increase between now and April 2016.
Two special questions were asked of our Panel. In response to the first question in which we asked the panel about the net impact to date on their organization's profits due to the sharply lower prices of oil and related commodities in 2015, non-manufacturing respondents indicated the following: "Negative" impact on organization's profits (9.3%); "Negligible" impact on organization's profits (43.0%); "Positive" impact on organization's profits (37.7%); and "Unsure" (9.9%). This indicates that, even though some of our respondents were unsure of the impact of lower oil prices, 80 percent felt lowered oil prices did not have a negative impact on their business.
In response to a second special question in which we asked the panel about the net impact on their organization's profits for the full year 2015 related to the strength of the U.S. dollar, non-manufacturing respondents indicated the following: "Negative" impact on organization's profits (10.7%); "Negligible" impact on organization's profits (56.0%); "Positive" impact on organization's profits (17.3%); and "Unsure" (16.0%). This indicates that, even though some of our respondents were unsure of the impact of a strong dollar, greater than 70 percent felt the strong dollar did not have a negative impact on their business. As it was with low oil prices, the impact was more likely inconsequential rather than positive.
Page 3 of 3
Share on:
Suggested Items
Dixon, Inventec Form JV for PC Manufacturing in India
05/05/2025 | DixonDixon has entered into Joint Venture Agreement (JV Agreement) with Inventec. Pursuant to the said JV Agreement, Dixon IT Devices Private Limited (JV Company) will be 60% owned by Dixon and 40% owned by Inventec.
Forge Nano Secures $40M to Scale U.S. Battery Manufacturing and Commercial Semiconductor Equipment Businesses
05/02/2025 | Forge NanoForge Nano, Inc., a technology company pioneering domestic battery and semiconductor innovations, announced the successful close of $40 million in new funding.
Commerce Secretary Howard Lutnick Visits TSMC Arizona Fabrication Facility for Third Fab Ground Breaking
05/02/2025 | U.S. Department of CommerceU.S. Secretary of Commerce Howard Lutnick visited the Taiwan Semiconductor Manufacturing Company (TSMC) semiconductor fabrication facility in Phoenix, Arizona where the company broke ground on a third fab facility.
SIA Welcomes Legislation to Strengthen U.S. Semiconductor Manufacturing Credit
05/02/2025 | SIAThe Semiconductor Industry Association (SIA) released the following statement from SIA President and CEO John Neuffer welcoming House introduction of Building Advanced Semiconductors Investment Credit (BASIC) Act.
INEMI Smart Manufacturing Tech Topic Series: Enhancing Yield and Quality with Explainable AI
05/02/2025 | iNEMIIn semiconductor manufacturing, the ability to analyze vast amounts of high-dimensional data is critical for ensuring product quality and optimizing wafer yield.