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Thomas Launches New Industrial Data Division and Releases Thomas Manufacturing Index (TMX)

Thomas Launches New Industrial Data Division and Releases Thomas Manufacturing Index (TMX)

Thomas Launches New Industrial Data Division and Releases Thomas Manufacturing Index (TMX)

Thomas states they are focused on sharing everything they can to help fight the current COVID-19 pandemic.

Thomas announced the launch of Thomas Industrial Data, a resource for sourcing and supply chain trends in the manufacturing and industrial sectors. Using sourcing activity data from the well-known Thomasnet.com platform, the “created petabytes of market and industry trend data provide an unprecedented window into the industrial economy.” Thomas President and CEO Tony Uphoff states: “We have received an overwhelming number of requests for analysis and trends based on our data and information during this global crisis… Everyone from the U.S. Department of Commerce and the Small Business Administration to CNN and Yahoo! Finance has asked for deeper insights around how the manufacturing industry is reacting to and preparing for the impact of the coronavirus…While we understand our data has use cases for financial analysts, investment firms, research groups, marketing teams, and sales leaders, we are focused on sharing everything we can right now to help combat this pandemic.”

Thomas is offering purchase and sourcing intent trend data from over 1,500,000 in-market industrial and commercial B2B buyers and suppliers to help businesses identify growth opportunities. To learn more, you are asked to sign up by providing contact information.

Thomas data has been leveraged to create the Thomas Manufacturing Index (TMX), which “reflects the fundamentals of industrial activity across the United States and Canada” and “illustrates the impact of supply chain sourcing activity, project planning, and commercial spending confidence on the economy.” The TMX is currently updated and published monthly. The latest version, overlaid on the S&P 500 can be found here.

Thomas also offers the Coronavirus Resource Hub for Manufacturing, which has quite a few useful resources. Found here is an updated listing of U.S. business shutdown orders, identification of North American suppliers for surging, essential categories of products and services and articles, and a shipping and logistics update tracker.

Photo by Rob Lambert on Unsplash

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