U.S. Manufacturing Output Softens in May

U.S. Manufacturing

New information has shown that production at U.S. factories unexpectedly fell in May, the latest in a string of cooling economic activity as the Federal Reserve aggressively tightens monetary policy to tame inflation. Slowing growth was indicated in other data showing a gauge of future economic activity declining in May for a third straight month. …

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Weekly Wrap Up For June 24th, 2022

 Norbert Ore, senior correspondent for Manufacturing Talk Radio discusses the latest Global Survey Insights on the 18 PMI reports from advanced economies around the world. There appears to be a softening in the expansion as if the air is slowly leaking out of the balloon. Listen in to find out why. New Rare Earth …

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Weekly Wrap Up for June 17th, 2022

 Dr, Chris Kuehl, Managing Partner at Armada Corporate Intelligence, launches The Flagship Reports, an Officer of the Watch briefing on aspects of the general economy, coupled with information from the Armada Strategic Intelligence System (ASIS) for manufacturing. ASIS provides 95% accuracy about conditions in durable goods and where that sector is headed near term. …

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New Rare Earth Manufacturing Facility to Open in Oklahoma

rare earth

This Tuesday, Oklahoma Governor Kevin Stitt and the President of USA Rare Earth announced plans for a $100 million metal and manufacturing facility in Stillwater that’s expected to create more than 100 jobs. “Currently, the United States, European Union, Japan, and much of the developed world is largely reliant on China for critical rare earth …

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Weekly Wrap Up For June 10th, 2022

Nancy LeMaster, committee chair for the Institute for Supply Management’s Hospital Purchasing Managers Report on Business with the latest report. Michigan Governor Announces $1.5 Million for Semiconductor Investments SEMI, the global industry association that unites the entire electronics manufacturing and design supply chain, Michigan Governor Gretchen Whitmer, and the Michigan Economic Development Corporation recently announced …

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Weekly Wrap Up For June 3rd, 2022

 Tim Fiore, Committee Chair of the ISM’s Manufacturing Report on Business(R) discusses both the May 2022 Purchasing Manager’s Index and the ISM’s Semi-Annual Survey in an information-packed presentation of where manufacturing is at and where it appears to be headed. If you need some good news, this is it! Commerce Secretary Warns U.S. Must …

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Commerce Secretary Warns U.S. Must Secure a Future for Chip Industry

Chip Industry

This past Wednesday, U.S. Commerce Secretary Gina Raimondo urged Congress to pass the CHIPS (Creating Helpful Incentives to Produce Semiconductors) for America Act in order to safeguard national security and the future of the economy. The bill aims to incentivize investment in U.S. semiconductor manufacturing, research and development and supply chain security, providing income tax credit …

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Weekly Wrap Up For May 27th, 2022

 On today’s episode host Harry Moser discusses with Lew Weiss how manufacturers measure competitiveness by comparing delivery, quality, and price and why U.S. manufacturers keep losing out on price. Harry looks closely at how the U.S. lost its edge and the path back to global manufacturing leadership. Harry also explains how companies could bring …

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Manufacturing Supply Chain Disruptions Could Last into 2023

Manufacturing Supply Chain

Supply chain disruption could continue for more than another year, according to the newest Resilient M4.0 Supply Chain survey conducted by the National Association of Manufacturers’ Manufacturing Leadership Council.  A combination of factors is causing major fundamental shifts in supply chain approaches across the industry. These include pandemic lockdowns, blocked shipping lanes, container scarcity, material …

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Weekly Wrap Up For May 20th, 2022

 Dr. Chris Kuehl, Managing Partner with Armada Corporate Intelligence, discusses facets of the economy that manufacturing is dealing with, and the underlying strengths and weaknesses of the shifting sands.  Norbert Ore, Senior Correspondent with Manufacturing Talk Radio, discusses the chaos and forecasting surrounding manufacturing from D.C. policy to oil and gas prices that …

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