Purchasing Managers Index October 2016 Prepared by Greater Houston Partnership Research Department

Click to access Purchasing_Managers_Index.pdf

The Houston Purchasing Managers Index (PMI), a short-term leading indicator for regional production, registered 48.5 in September, up from 46.1 in August, according to the latest report from the Institute for Supply Management-Houston (ISM-Houston). Although the PMI continues to show economic contraction, the September reading is the highest since July ’15.

The PMI has a possible range from zero to 100. Readings above the neutral point of 50 indicate likely growth in production over the next three to four months; readings below 50 suggest contraction. With the September reading, the PMI has signaled economic contraction in Houston for 21 consecutive months.

“Health care remained the strongest sector, reporting moderately above neutral,” reports Ross Harvison, ISM-Houston Business Survey Committee Chair. “Durable goods manufacturing, non-durable goods manufacturing, oil and gas, transportation, wholesale trade and most services activities reported near neutral. Engineering and construction continued to report well below neutral results.”

The Partnership has been tracking the PMI since its inception in January ’95. The alltime low for the Houston PMI was in March ’09, when the indicator fell to 39.0. The all-time high was in January of ’06, when the PMI reached 67.9. Over the past 21 years, the PMI has tracked at 50 or above for 212 months and below 50 for 49 months.

The Houston PMI is derived from monthly surveys of local purchasing managers representing various industries such as manufacturing, healthcare, electronics, finance and energy. The index is based on eight components: sales/new orders, production, employment, purchases, prices paid, lead times, purchased inventory and finished goods inventory.

Prepared by Greater Houston Partnership Research Department

Patrick Jankowski, CCR Senior Vice President, Research 713-844-3616 pjankowski@houston.org
Jenny Philip Director, Research 713-844-3615 jphilip@houston.org

Josh Pherigo Analyst, Research 713-844-3617 jpherigo@houston.org

Manufacturing / Divison Plant Controller – Small Company – Houston – dlemaire@cfstaffing.com

Dianedelgadolemaire's avatarHouston's F&A Recruiter and Talent Connector

Our client truly wants to hire someone who wants to be part of the leadership team and work with operations. This is a “impact the bottom line” controller role. They are centrally located and definitely have a “small business” feel to them even though they are owned by a large global company!
The Controller will be accountable for the reliability and accuracy of financial reporting, tax returns, and payroll for both entities and report directly to the General Manager. They will be managing a team of 2.

Responsibilities:
• Day to day duties will include managing A/R and A/P functions, performing inventory adjustments and account reconciliations
• Month-end closing procedures, including production of Group monthly reporting package
• Year-end financial statements and audit
• Lead Budget process
• Support business with information and analysis and performing admin tasks
• Preparing monthly sales tax returns and provide information for income tax return

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Finding Motivation When Searching for a Job After Work Written by Alan Carniol

http://www.interviewsuccessformula.com/job-search-advice/finding-motivation-when-searching-for-a-job-after-work.php

When you’re working full-time for a company, it’s hard to find time to do anything after work. All of your energy has been spent throughout the day, and all you want to do is relax. However, if you don’t take action toward finding a new job, then it will take you forever to make that happen. Maybe disliking your current job is just not enough motivation for you to start looking for a new one.

Unless you spend time doing your search, you’ll get nowhere. If you are having problems finding the motivation to look for a new job, here are some tips that can help you stay motivated.

Set a specific amount of time and stick to it – Most of us have a problem with doing tasks when it seems like it’s a lot of work; it’s weird, but that’s how our brain works. It’s easier to start searching for a job when you know you’ll be done in 30 minutes rather than a few hours.

Once you have set the amount of time you want to work on your search, it’s important that you stick to the plan. If you still want to continue searching after 30 minutes, then by all means, continue—but don’t cut corners with your plan.

Make it a habit – The hardest part of your plan of action will be the first few days, since you’re still adjusting to your new schedule. After your body learns to follow the schedule, though, it’ll be a whole lot easier. It’s important that you follow a ritual after a day’s work so that while you progress in your search, you can still have time to enjoy the rest of the day.

Organizing your search – The job search is a process that can be uncertain and sometimes overwhelming. There are a lot of aspects you need to consider, and if you don’t plan your search every day, you can get stuck in a loop of a never-ending search that goes nowhere.

Set goals and follow them religiously – Once you have organized how you’re going to do your search, you also need to have goals that you can achieve daily/weekly/monthly. Having such goals will help you to motivate yourself when you see the goals that you are reaching.

Treat yourself – The most important part of motivating yourself is that you reward yourself for the hard work you do. When you get things done, don’t hold yourself back from rewards, whether it’s a nice meal or a relaxing massage. Rewards help you stay motivated, knowing that you will get something from the hard work you put in.