Purchasing execs expect further recovery in second half

Electrical contractors, engineers and other electrical professionals who work in the industrial market will be happy to hear that this business should expand in the second half of 2002. According to the 63rd Semiannual Forecast by the Institute for Supply Management (ISM), purchasing and supply executives expect their 2002 revenues to grow 2.8%. “Manufacturing purchasing and supply executives are more optimistic than at anytime in the past year and see significant improvement in their organizations’ prospects for 2002,” said Norbert Ore, chair of the ISM Manufacturing Business Survey Committee and group director, strategic sourcing and procurement, Georgia-Pacific Corp.