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Purchasing Managers See More Revenue, Hiring in 2012

Wall Street Journal (05/08/12) Kathleen Madigan

The Institute for Supply Management’s semiannual survey shows that increases in revenues and jobs are anticipated by purchasing managers in the factory and nonmanufacturing sectors for the remainder of the year, with the slowdown in job growth in March and April thought to be only temporary. The survey shows an expected 1.4% rise in factory employment and a 1.9% increase in nonmanufacturing payrolls for the rest of the year.