According to the nation’s purchasing and supply executives in their spring 2013 Semiannual Economic Forecast, economic growth is expected to continue in the U.S. throughout the remainder of 2013. The forecast was issued by the Business Survey Committee of the Institute for Supply Management (ISM).

Sixty-six percent of respondents from the panel of manufacturing supply management executives predict their revenues will be 9.9 percent greater in 2013 compared to 2012, 12 percent expect a 14.6 percent decline, and 22 percent foresee no change.

Fifty-six percent of non-manufacturing purchasing and supply executives expect their 2013 revenues to be greater by 7.9 percent than in 2012. Overall, respondents currently expect a 3.5 percent net increase in overall revenues, which is less than the 4.3 percent increase that was forecast in December 2012.

Among the 17 industries reporting expectations of growth in revenue for 2013 are Miscellaneous Manufacturing; Printing & Related Support Activities; Paper Products; Plastics & Rubber Products; Textile Mills; Machinery; and Primary Metals.