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June 29, 2015

Headline News

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Headline News

Consumer Sentiment Jumps to Five-Month High
USA Today (06/26/15) Anita Balakrishnan

The consumer sentiment index rose 6% from May to June, according to the University of Michigan. The jump to 96.1 marks the biggest increase since 2004, beating expectations of 94.6, according to a Bloomberg survey.

The metric, which asks consumers to evaluate prospects for the national economy, their personal finances, and buying conditions, is reflective of the current uptick in consumer disposition, with the index now at a five-month high. “Consumer spending will remain the driving force of economic growth in 2015,” says Richard Curtin, the chief economist on the report. He forecasts 3% growth in consumer spending this year.

Kansas City Fed: Manufacturing Declined
Federal Reserve Bank of Kansas City (06/25/15)

Manufacturing activity in the Plains states declined at a slightly slower pace in June than in May, and producers’ expectations improved modestly. The month-to-month composite index was -9 in June, up from -13 in May. Durable goods manufacturing improved slightly, although still negative, particularly for aircraft products and parts. However, nondurable goods production fell broadly across all types of plants. Production fell in all district states except for Colorado, but continued to be most negative in energy-concentrated Oklahoma. The majority of other month-to-month indexes also remained negative. The production index contracted further from -13 to -21, its lowest level since February 2009. Also, the employment index fell back into negative territory after increasing last month.

ASA for You

ASA Webinar Next Week—Supreme Court Upholds Affordable Care Act Subsidies

The U.S. Supreme Court’s recent ruling on King v. Burwell, a case relating to a provision of the Affordable Care Act, upheld the subsidies granted to individuals purchasing health insurance in health care exchanges that were not established by a state. ASA legal experts will explain the court’s decision and what it means for staffing firms during the ASA webinar “The King v. Burwell Decision and Its Impact on the Affordable Care Act.” It takes place Wednesday, July 8, 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.
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Register Now for Staffing World® 2015

Staffing World 2015, the largest, most comprehensive convention and expo in the staffing, recruiting, and workforce solutions industry, will take place Oct. 27–29 in Nashville, TN. Registration is now open—and you can save up to $150 per person when you register by Sept. 11.

Get more information and register online at ASA members get a discount, so join ASA and save even more.
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