Online Community

ASA Central

A dynamic online community for ASA members to exchange ideas and best practices, and connect with industry peers in their sector. Visit the site ›
Find Goods & Services

ASA Marketplace

This powerful online resource enables staffing companies to find and access industry supplier information, products and services. Visit the site ›
Daily Publication

Staffing Today Newsletter

Your #1 daily source for news about the workforce industry. With versions available to members and nonmembers. Visit the site ›
Health Care Reform

Affordable Care Act Resources for Staffing

Up-to-date news, resources, interactive tools, and more—all focused on helping ASA members comply with the ACA. Visit the site ›
Advertisers & Exhibitors

Staffing Industry Suppliers

ASA has numerous and diverse marketing opportunities available to help you reach the rapidly growing staffing industry. Visit the site ›
Exclusive Products

ASA Store

From certification packages and study guides to marketing tools and data reports, ASA resources add value to your business. Visit the site ›

Factory Weakness Seen Weighing on 4th-Quarter GDP

Wall Street Journal (01/04/16) Jeffrey Sparshott

The Institute for Supply Management’s gauge of manufacturing activity dropped from 48.6 in November to 48.2 in December, with readings under 50 denoting contraction in the sector. December’s reading was the lowest since the recession ended and marked the first consecutive months of contraction since 2009.

The report prompted JPMorgan Chase to downgrade its forecast for fourth-quarter gross domestic product growth from 2% to 1%, but JPMorgan Chase economist Michael Feroli expects growth of 2.25% for the first quarter of 2016. Meanwhile, the ISM report showed that a measure of export demand expanded for the first time since April, but that was overshadowed by contractions in new orders, production, and employment.