NEW YORK, May 30, 2014 /PRNewswire-iReach/ -- Manufacturing Talk Radio™ will broadcast live across the Internet on Tuesday, June 3 at 1:00 p.m. EST with Mr. Brad Holcomb, the Committee Chair who prepares the Institute of Supply Management Manufacturing Report on Business® and Mr. Tony Nieves, Committee Chair of ISM's Non-Manufacturing Report on Business® to discuss the key economic measurements of American business and industry with hosts Tim Grady, Executive Producer, and Lew Weiss, founder and CEO of Manufacturing Talk Radio. This historic combined conversation will cover indicators from raw materials and manufactured products to finished durable goods and industry services, as well as American imports and exports.
Brad Holcomb will discuss the latest Purchasing Manager's Index number from their May research, covering Apparel, Leather & Allied Products; Primary Metals; Furniture & Related Products; Miscellaneous Manufacturing; Food, Beverage & Tobacco Products; Transportation Equipment; Fabricated Metal Products; Machinery; Printing & Related Support Activities; Plastics & Rubber Products; Textile Mills; Chemical Products; Computer & Electronic Products; Wood Products; Paper Products; Petroleum & Coal Products; and Electrical Equipment, Appliances & Components; and Nonmetallic Mineral Products.
Tony Nieves will present the most recent information from the non-manufacturing sector covering Arts, Entertainment & Recreation; Wholesale Trade; Agriculture, Forestry, Fishing & Hunting; Retail Trade; Construction; Public Administration; Accommodation & Food Services; Educational Services; Transportation & Warehousing; Finance & Insurance; Management of Companies & Support Services; Information; Real Estate, Rental & Leasing; Utilities; Mining; Health Care & Social Assistance; Professional, Scientific & Technical Services; and Other Services.
Alan Greenspan, Ph.D., former chairman of the Federal Reserve Board, has said of the ISM <cite>Manufacturing Report On Business</cite>®, "I find the surveys conducted by the purchasing and supply managers to be an excellent supplement to the data supplied by various departments and agencies of government."
According to Joseph E. Stiglitz, former chairman of President Clinton's Council of Economic Advisors, "The ISM <cite>Manufacturing Report On Business</cite>® has one of the shortest reporting lags of any macro-economic series and gives an important early look at the economy. It also measures some concepts (such as lead times and delivery lags) that can be found nowhere else. It makes an important contribution to the American statistical system and to economic policy."
Michael J. Boskin, Ph.D., professor of economics, Hoover Institute senior fellow at Stanford University; and former chairman of President Bush's Council of Economic Advisors, said "The ISM <cite style="font-family: arial, sans-serif; color: black;">Manufacturing Report On Business</cite>® is extremely useful. The PMI, the <cite style="font-family: arial, sans-serif; color: black;">Report's </cite>composite index, gives the earliest indication each month of the health of the manufacturing sector. It is an essential component for assessing the state of the economy." Boskin also said the President's Council of Economic Advisors closely monitored the ISM indexes, especially the New Export Order's Index.
Lewis A. Weiss, President of All Metals & Forge Group and co-host of Manufacturing Talk Radio, said "When the PMI begins trending above 50 each month, our business is growing. When it begins trending below 50, our business is contracting. It's been dead on month after month for more than 40 years."
Tim Grady, host of Manufacturing Talk Radio, said, "If someone misses this show, they should listen to it later at www.iTunes.com, www.steelforge.com, www.podbean.com, or www.mfgtalkradio.com. The combined economic information will highlight everything from dirt to done in business and industry and give a powerful overview of where this economy is and most likely heading in 2014."
Manufacturing Talk Radio is "the voice of manufacturing globally", the only manufacturing B2B talk radio show broadcasting live across the Internet to industry listeners from the shop floor to the C-suite. Show host, Tim Grady, and co-host, Lew Weiss, present breaking news, talk about business trends, and discuss economic forecasts in the manufacturing industry for small, medium and large manufacturers, their suppliers, vendors and customers. The show can be heard through any computer or smartphone around the world by going to www.mfgtalkradio.com.
Institute for Supply Management® (ISM)is the first supply management institute in the world. Founded in 1915, ISM's mission is to enhance the value and performance of procurement and supply chain management practitioners and their organizations worldwide. By executing and extending its mission through education, research, standards of excellence and information dissemination — including the renowned monthly ISMReport On Business® — ISM maintains a strong global influence among individuals and organizations. ISM is a not-for-profit educational association that serves professionals with an interest in supply management who live and work in more than 90 countries. ISM offers the Certified Professional in Supply Management® (CPSM®) and Certified Professional in Supplier Diversity® (CPSD®) qualifications.
Media Contact: Lewis Weiss, Manufacturing Talk Radio, 9732765000, firstname.lastname@example.org
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SOURCE Manufacturing Talk Radio