Welcome New ASA Members
Robert Half Reports First-Quarter Financial Results
Robert Half International News Release (04/23/15)
Robert Half International reported revenues of $1.21 billion in the first quarter of 2015, up 12% from $1.08 billion in the first quarter of 2014. Net income totaled $77.9 million, up 26% from $61.6 million in the year-ago quarter.
“We saw broad-based revenue gains and higher service demand in every line of business,” said Harold M. Messmer Jr., chairman and chief executive officer of Robert Half. “First-quarter revenues from our staffing operations were up 10% from the year-ago first quarter.”
TrueBlue Reports Record Q1 Revenue and Net Income
TrueBlue News Release (04/23/15)
TrueBlue Inc. reported revenues of $573 million for the first quarter of 2015, up 45% from $396 million in the first quarter of 2014. Net income totaled $5.7 million, up 235% from $1.7 million in the year-ago quarter. The increases were mostly due to the company’s acquisition of Seaton last summer. Legacy TrueBlue revenues grew 0.3% from the same quarter of 2014.
U.S. Durable Orders Rise Due to Auto, Aircraft Demand
Wall Street Journal (04/23/15) Josh Mitchell
Orders for durable goods rose a seasonally adjusted 4.0% from February to March, according to the U.S. Department of Commerce, but durable-goods estimates are often revised, and broader trends show weak demand. The decline in February of 1.4% was unrevised. Economists polled by the Wall Street Journal had forecast overall orders would increase 0.6% in March.
The March increase reflected a surge in demand for automobiles and both defense and civilian aircraft, which are volatile categories. Excluding the transportation category, orders fell 0.2%, the sixth consecutive monthly decline. So far in 2015, orders have risen 0.1% year-to-year.
Kansas City Fed: Manufacturing Declines in April
Federal Reserve Bank of Kansas City (04/23/15)
Manufacturing activity in the Plains states declined in April, although producers’ expectations improved slightly from last month, according to the Federal Reserve Bank of Kansas City. The month-to-month composite index was -7 in April, down from -4 in March. The shipments index fell from 0 to -7, and the order backlog and employment indexes dropped to their lowest levels since 2009. In contrast, the production index remained unchanged at -2, and the new orders index rose slightly but still remained negative.
“Regional factories had their worst month in quite some time, as exports continued to drop and conditions worsened among producers of oil and gas-related goods,” said Chad Wilkerson, vice president and economist at the regional Fed bank. “However, a positive development was a decline in supplier delivery times, which had been rising due to West Coast port disruptions.”
ASA for You
A well thought-out marketing strategy can give staffing firms a competitive edge, especially when their marketing plans are integrated with their sales and recruiting efforts. Find out how to promote your staffing firm’s brand to potential clients during the ASA webinar “Power Marketing for Staffing Firms.” It takes place Thursday, May 21, 3–4 p.m. Eastern time.
ASA webinars are $295 for nonmembers and qualify for continuing education hours toward ASA certification renewal. Join ASA and enjoy ASA webinars for FREE.
The ASA board of directors and staff welcome the following new members, which joined during the week ending April 19.
Human Technologies Inc.
One Source Staffing & Labor
Prestige Staffing LLC
Staff Management Group
New Brunswick, NJ
Is your firm interested in joining ASA? Contact the membership department at 703-253-2020 or firstname.lastname@example.org.