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Buyers Cautious According to Thomas Register Industrial Purchasing Barometer -IPB- Survey.


Business Editors

NEW YORK--(BUSINESS WIRE)--Jan. 6, 2003

Thomas (language) Thomas - A language compatible with the language Dylan(TM). Thomas is NOT Dylan(TM).

The first public release of a translator to Scheme by Matt Birkholz, Jim Miller, and Ron Weiss, written at Digital Equipment Corporation's Cambridge Research Laboratory runs
 Register(R), the world's most comprehensive information resource for supply-chain purchasing, today announced the results of its December Industrial Purchasing Barometer (IPB IPB Invision Power Board (forum)
IPB International Peace Bureau
IPB Intelligence Preparation of the Battlefield
IPB International Personal Banking
IPB Illustrated Parts Breakdown
IPB Institute of Plant Breeding
) Survey, which revealed that more than two-thirds (66%) of industrial buyers are cautiously proceeding and buying only what they absolutely need.

The December IPB Survey was conducted randomly among Thomas Register's pool of 700,000 opt-in online users. Respondents In the context of marketing research, a representative sample drawn from a larger population of people from whom information is collected and used to develop or confirm marketing strategy.  from the manufacturing and engineering industries, wholesale trade, distribution and government buyers participated in the survey, which asked about their attitudes toward purchasing in the current environment with the following results:
-- "Wait and see . . . holding off on purchasing" -- 6 %

-- "Cautiously proceeding . . . buying only what I absolutely need" -- 66%

-- "Back to business as usual" -- 20%

-- "Not letting anything get in my way . . . stockpiling as a solution" -- 3%

-- Other -- 5%


The results suggest a decreasing level of confidence, as compared to a similar survey conducted in November 2001 in which 45 percent of buyers were "cautiously proceeding" and 46 percent indicated it was "back to business as usual."

"Economic turbulence turbulence, state of violent or agitated behavior in a fluid. Turbulent behavior is characteristic of systems of large numbers of particles, and its unpredictability and randomness has long thwarted attempts to fully understand it, even with such powerful tools as  over the past year has chipped away at the confidence of the industrial community," said Ruth Hurd, publisher of Thomas Register. "However, the survey results indicate that purchasers are continuing to move ahead, albeit more cautiously, in the face of significant uncertainty and the threat of war."

Thomas Register has a long history of monitoring the psyche Psyche (sī`kē), in Greek mythology, personification of the human soul. She was so lovely that Eros (Cupid), the god of love, fell in love with her.  of industrial buyers. The monthly IPB Barometer was implemented to track the changing attitudes and behavior of the industrial purchasing community.

About Thomas Register

ThomasRegister.com(R) (www.ThomasRegister.com) is an online resource provided by Thomas Publishing Company(R), the pioneer of buying guides for every industry category for more than 100 years. The site provides up-to-date sourcing information on more than 75,000 industrial products and services, along with comprehensive specifications and availability information from thousands of manufacturers. ThomasRegister.com also allows users to search supplier databases, online catalogs Similar to an online library or databases in the information storage respect, ‘’’online catalogs’’’ allow potential customers to browse a company’s items for sale from a different location using the internet.  and web sites. Additional features include request for quotes, secure online purchasing, and access to hundreds of millions of Computer Aided Design (application) Computer Aided Design - (CAD) The part of CAE concerning the drawing or physical layout steps of engineering design. Often found in the phrase "CAD/CAM" for ".. manufacturing".  (CAD CAD: see computer-aided design.


(Computer-Aided Design) Using computers to design products. CAD systems are high-speed workstations or desktop computers with CAD software.
) drawings. Thomas Register is also available in CD-ROM/DVD and in print.
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Publication:Business Wire
Date:Jan 6, 2003
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