Welcome New ASA Members
The Conference Board Leading Economic Index for the U.S. Increased in August
Conference Board News Release (09/19/14)
The Conference Board Leading Economic Index for the U.S. increased 0.2% in August to 103.8, following a 1.1% increase in July.
“The leading indicators point to an economy that is continuing to gain traction, but most likely won’t repeat its stellar second quarter performance in the second half,” says Ken Goldstein, an economist at the Conference Board. “Meanwhile, the [Coincident Economic Index], a measure of current economic activity, continued to expand through August, amid improving personal income, employment, and retail sales. However, industrial production registered a slight decrease for the first time in seven months.”
The Conference Board Coincident Economic Index for the U.S. increased 0.2% in August to 109.7, following a 0.1% increase in July. The Conference Board Lagging Economic Index for the U.S. increased 0.3% in August to 125.1, following a 0.3% increase in July.
Philadelphia Fed Manufacturing Business Outlook Survey Up in September
Philadelphia Federal Reserve Bank (09/18/14)
Firms responding to the Philadelphia Federal Reserve Bank’s Manufacturing Business Outlook Survey indicated continued growth in the region’s manufacturing sector in September. Although the current activity index fell from its relatively high reading in August, the other broad indicators increased from their readings last month. The survey’s indicators for future manufacturing conditions reflect general optimism about growth in activity and employment over the next six months.
The employment index increased 12 points to its highest reading since May 2011. The percentage of firms reporting increases in employment (26%) exceeded the percentage reporting decreases (5%). Nearly 44% of the firms are expecting growth in their employment levels over the next six months, up from 37% last month. The future employment index increased sharply, from 24.7 to 39.6, its highest reading since September 1983.
ASA for You
Staffing World 2014, Oct. 13–15 at the Gaylord National Resort and Convention Center in metro Washington, DC, is just a couple of weeks away—have you registered yet? This year’s event will feature new learning formats created in response to past participants’ requests.
The Collaborative Learning Symposiums offer three dynamic learning formats—Great Minds, Trending Insights, or Management Mindshare (known in past years as the Knowledge Network). Learn from leading speakers in the staffing, recruiting, and workforce solutions industry, and contribute your own insights.
At the ASA Learning Pavilions in the expo hall, you can chat with fellow Staffing World attendees and experts about the Affordable Care Act and the skills gap.
And of course you’ll find all the workshops, Section Forums, and immersion programs you’ve come to expect—plus networking events, social engagements, and the largest industry expo anywhere. To learn more and register, visit staffingworld.net. ASA members save even more, so join today.
The ASA board of directors and staff welcome the following new members, which joined during the week of Sept. 8.
West Palm Beach, FL
The AGA Group LLC
Overland Park, KS
Allied Reliability Group
Touch Point Staffing
Is your firm interested in joining ASA? Contact the membership department at 703-253-2020 or email@example.com.