Economic Growth To Continue Through 2021
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Manufacturing is Expected to Expand in 2021; Revenue to Increase 7.2%; Capital Expenditures to Increase 8.7%; Capacity Utilization Currently at 88.3%; Services is Expected to Expand in 2021; Revenue to Increase 5.4%; Capital Expenditures to Increase 5.7%; Capacity Utilization Currently at 89.4%
TEMPE, Ariz., May 18, 2021 /PRNewswire/
The economic recovery in the U.S. will continue for the rest of 2021, say the nation s purchasing and supply executives in the
Spring 2021 Semiannual Economic Forecast. Expectations for the remainder for 2021 have strengthened somewhat, compared to December 2020, as there is hope that the corner has been turned on the coronavirus (COVID-19) pandemic; both manufacturing and services sectors are signaling expansion.
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ResearchAndMarkets.com s offering.
The global market for Dry-Cleaning and Laundry Services is projected to reach US$75.1 billion by 2025, driven by the continuous evolution of consumer behavior and lifestyle and the resulting lack of time for household chores and increased willingness to utilize commercial laundry eservices.
Over the years, the demand for cleaning and laundry services has recorded strong growth from residential, commercial and industrial sectors. The increase in single person households and rapid pace of urbanization, strong growth in sectors such as healthcare and hospitality have also contributed to the rise in demand for laundry services. The contribution of emerging economies, with their high economic growth, has been significant in driving demand for dry cleaning and laundry services.
®.
The report was issued today by Anthony Nieves, CPSM, C.P.M., A.P.P., CFPM, Chair of the Institute for Supply Management
® (ISM
®) Services Business Survey Committee: The Services PMI
® registered 62.7 percent, which is 1 percentage point lower than last month s all-time high of 63.7 percent. The April reading indicates the 11th straight month of growth for the services sector, which has expanded for all but two of the last 135 months. The Supplier Deliveries Index registered 66.1 percent, up 5.1 percentage points from March s reading of 61 percent. (Supplier Deliveries is the only ISM
®
Report On Business
® index that is inversed; a reading of above 50 percent indicates slower deliveries, which is typical as the economy improves and customer demand increases.) The Prices Index figure of 76.8 percent is 2.8 percentage points higher than the March reading of 74 percent, indicating that prices increased in April, and at a faster rate. This is the index s highest readi
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The sixth and final round of the California Small Business COVID-19 Relief Grant Program opens April 28-May 4, 2021. The program is funded by the State of California and administered by the California Office of the Small Business Advocate (CalOSBA) at the Governor’s Office of Business and Economic Development (GO-Biz).
The California Small Business COVID-19 Relief Grant Program (the “Program”) provides micro grants ranging from $5,000 to $25,000 to eligible small manufacturers impacted by COVID-19.
The state has designated Lendistry, a CDFI and CDE small business lender, to act as the intermediary for the Program to disburse the grant funds. While application for previous rounds have closed, Round 6 is right around the corner.
Gunshot sounds leave some people worried in Loughor but this was the reason for the noise
There was no need for any police involvement
Updated
Police on the streets of Loughor - but all is not as it seems (Image: Tom Hughes Photography)
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