Economic Recovery Continues in 2010: Institute for Supply Management
Non-Manufacturing
For all of 2010, non-manufacturing supply management executives expect their prices to increase an average of 1.1 percent. Fifty-two percent of respondents expect increases averaging 5.1 percent, 18 percent anticipate prices to drop an average of 8.9 percent, and 30 percent foresee no change in prices during the next year. The 10 industries expecting greater than the 1.1 percent average price increase by the end of 2010 — in order of percentage increase — are: Arts, Entertainment & Recreation; Real Estate, Rental & Leasing; Mining; Management of Companies & Support Services; Public Administration; Retail Trade; Health Care & Social Assistance; Agriculture, Forestry, Fishing & Hunting; Wholesale Trade; and Educational Services.