Economic growth in the U.S. is sustainable throughout the remainder of 2008, say the nation’s purchasing and supply executives in their spring 2008 Semiannual Economic Forecast. These projections are part of the forecast issued by the Business Survey Committee of the Institute for Supply Management.
 
Overview
Manufacturing Growth Marginal in 2008
Revenue to Increase 1%
Capital Investment to Increase 1%
Capacity Utilization at 78.6%
Non-Manufacturing Growth Sustainable in 2008
Revenue to Increase 2.7%
Capital Investment to Decrease 2.7%
Capacity Utilization at 85.9%
 
Manufacturing Summary
While 42 percent of respondents predict revenues to be 9.2 percent greater in 2008 than in 2007, the overall expected …