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ISM® Addresses Potential Economic Impact of Hurricane Harvey

September 7, 2017


"Our hearts are with the individuals and businesses that have been affected by Hurricane Harvey. The human and corporate impact are significant. Indeed, the results of our ISM® Report On Business® Survey indicate ongoing challenges for US companies with pricing, supplier deliveries, and certain commodities because of the storm. We are encouraged, however, by data indicating that the effect on production, new orders, and employment will be relatively minimal," said Thomas W. Derry, Chief Executive Officer of Institute for Supply Management®. "As we continue to see the implications of Hurricane Harvey and prepare for Hurricane Irma, I hope that we can continue to come together as a community to support those in need."

Forbes contributor and Supply Chain Management analyst Steve Banker shared excerpts of our special ISM® Report On Business® Survey regarding the potential economic impact of Hurricane Harvey with his readers.

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About Institute for Supply Management

Founded in 1915 as the first supply management institute in the world, Institute for Supply Management® (ISM®) is committed to advancing the practice of supply management to drive value and competitive advantage for its members, contributing to a prosperous and sustainable world. This year, ISM celebrates 100 years of leading, innovating and guiding the profession through the renowned ISM® Report On Business®, highly regarded certification programs, and the newly launched ISM Mastery Model. This personalized learning program encourages professionals to become experts in their field by addressing knowledge gaps in areas of supply management through competency-based training. ISM is a not-for-profit organization with global influence, serving supply management professionals in more than 90 countries. For more information, please visit: