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Resources Connection Inc. Reports Second Quarter Results for Fiscal 2014

Resources Connection Inc. News Release (01/02/14)

Resources Connection Inc. reported $146 million in revenue in the second quarter of fiscal 2014, up 3.4% from $141 million during the same period last year. The company also reported net income of $7.1 million, up 20% from $5.9 million in the year-ago period. On a quarter-to-quarter basis, the company’s U.S. revenues rose 6.6%.

U.S. Factories Begin to Hit Growth Stride

Wall Street Journal (01/02/14) Brenda Cronin

Manufacturing is building up momentum going into the new year. The Institute for Supply Management’s factory index reading for December was 57.0, an easing from November’s 57.3. Readings above 50 signal expansion.

Manufacturing has expanded for the past seven months, according to ISM surveys, after slowing last spring. Readings for the first half of 2013 averaged 51.5, just over the expansion threshold. In the second half, that pace picked up to 56.3.

Welcome New ASA Members

The ASA board of directors and staff welcome the following new members, which joined since Dec. 16.

Aspect Solutions Inc.
Sacramento, CA

Dycos Staffing Inc.
Greenville, SC

Staff Seekers Inc.
Tustin, CA