- Monthly Business Mixers, usually held on the second Thursday of the month. Typically, these meeting include a speaker presenting various industry and economic updates. There are networking opportunities before and after the presentation.
- Cultural events include celebrating the Persian New Year (Norooz), Annual Picnic (Sizdah-Bedar),Yalda (the longest night of the year), and Fall Harvest Festival (Mehregan)1.
- Educational Classes. Usually, one Saturday of the month is dedicated to a technical subject. Recent examples have included QuickBooks, Microsoft Project, etc.
- Supporting Arts, by showing classical movies on the third Saturday of the month. Also, at times, NIPOC has promoted movies which have included Iranian actors, actresses, directors, and producers.
- Internships can be very pivotal to students. There have been several internship cases at the office.
- Career Counseling has been quite a success for many individuals. Most effective for newcomers to California, it includes resume and career path reviews. Although the applicants do most of the job search, occasionally NIPOC forwards their resumes to prospective employers.
- Business Directory on NIPOC’s website has been expanding and is available to the public.
ORANGE, CA — Based on a survey of purchasing managers, the California Composite
Index, measuring overall manufacturing activity in the state, decreased from 67.3 in the fourth
quarter of 2021 to 63.8 in the first quarter of 2022, indicating that the manufacturing sector is
expected to grow at a slower rate in the first quarter of this year. “The purchasing managers
report that supply chain issues and higher input costs are negatively affecting the growth rate
of the California manufacturing sector in the first quarter of 2022,” said Dr. Raymond Sfeir,
director of the purchasing managers’ survey. Expressing their frustration, one purchasing
manager wrote “The port congestion is terrible, and pricing is at a point of being criminal”.
Production, new orders, and employment are expected to grow at a lower rate in the first
quarter. Inventories of purchased materials are expected to increase at a higher rate. Lead
time to receive raw materials is reaching six months in some industries. It is very difficult to
find qualified workers. Outsourcing costs are increasing as well. Cancelled orders are not
A. Gary Anderson Center for Economic Research
One University Drive, Orange, California 92866 (714) 997-6693