Industry News
U.S. manufacturing outperformed forecasts
In December, U.S. manufacturing expanded at its fastest rate in three years. The Institute for Supply Management reported a 55.9 factory index, the highest since April 2006, and 23 points higher than its December 2008 low of 32.9 (readings over 50 reveal expansion).
This is consistent with manufacturing expansion reported in China and India.
End-user RFID budgets expected to increase in 2010
According to an annual survey by ABI Research, 50 percent of end users that use, deploy, evaluate or pilot radio frequency identification technology projected that their budgets for the technology would increase this year.
The respondents cited "business process improvement" as the primary reason for implementing RFID.
Respondents also anticipate shorter ROI timeframes on their RFID investments.
End-user RFID budgets expected to increase in 2010
The Federal Highway Administration ended 2009 with its approval of the 10,000th highway project funded by the American Recovery and Reinvestment Act of 2009.
With this action, the FHA has allocated $21.8 billion of the $26.6 billion the bill authorized.
More broadly, the Department of Transportation has used Recovery Act money to finance more than 11,300 transportation projects, 7,600 of which are under way.
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