May 2023 Manufacturing ISM® Report On Business®

Manufacturing PMI® at 46.9% New Orders and Backlogs Contracting Production and Employment Growing Supplier Deliveries Faster Raw Materials Inventories Contracting; Customers’ Inventories Too High Prices Decreasing; Exports Unchanged; Imports Contracting (Tempe, Arizona) — Economic activity in the manufacturing sector contracted in May for the seventh consecutive month following a 28-month period of growth, say the …

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April 2023 Manufacturing ISM® Report On Business®

Manufacturing ISM Report On Business

Manufacturing PMI® at 47.1% New Orders and Production Contracting Backlogs Contracting Supplier Deliveries Faster Raw Materials Inventories Contracting; Customers’ Inventories Too High Prices Increasing; Exports and Imports Contracting (Tempe, Arizona) — Economic activity in the manufacturing sector contracted in April for the sixth consecutive month following a 28-month period of growth, say the nation’s supply …

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Manufacturing companies double commitments

U.S. Manufacturing

The following story was originally published by Axios Companies have committed more than $200 billion to U.S. manufacturing projects as President Biden’s “effort to spark a new industrial revolution gains momentum,” according to a new Financial Times report. Why it matters: “The investment in semiconductor and clean tech investments is almost double the commitments made …

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March 2023 Manufacturing ISM® Report On Business®

Manufacturing ISM Report On Business

Manufacturing PMI® at 46.3% New Orders and Production Contracting Backlogs Contracting Supplier Deliveries Faster Raw Materials Inventories Contracting; Customers’ Inventories Too Low Prices Decreasing; Exports and Imports Contracting (Tempe, Arizona) — Economic activity in the manufacturing sector contracted in March for the fifth consecutive month following a 28-month period of growth, say the nation’s supply …

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North American Outlook – Inflation Is The Focus

This article originally appeared in the March issue of Manufacturing Outlook. For a limited time we are offering a FREE subscription to Manufacturing Outlook, our monthly manufacturing newsletter. For more details, Click Here.   by Chris Kuehl I suppose I have offered the same definition of an economist about a thousand times by now.  “Somebody …

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Job Quality Index Edges Up Slightly as High and Low Quality Jobs Rise

Job Quality Index

WASHINGTON — The Coalition for a Prosperous America (CPA) today announced that the U.S. Private Sector Job Quality Index (JQI) edged up by a tiny 0.016% in January to 84.11 as high-quality and low-quality jobs each rose in the month. Hospital jobs rose by 12,000 to 4.821 million while full-service restaurant employment rose by 31,000 …

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Why Robotics Are Stuck in Neutral Without the Right Intelligent Human Labor Management Solution

By Mike Babiak Throughout the industrial world and across every continent, businesses are making significant investments in robotics and automation.  According to the McKinsey Global Industrial Robotics Survey, automated systems will account for 25% of capital spending over the next five years1.  Many of these businesses believe that robotics-driven automation systems will drive major benefits …

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Green Aluminum; The Way of the Future?

The following story was originally published in our Manufacturing Outlook eZine. For a free subscription Click Here   by Royce Lowe As some know, aluminum comes originally from bauxite, an ore that contains aluminum hydroxide, silica, and iron ore. The first step in aluminum production is the formation of alumina, or aluminum oxide, from bauxite. …

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Energy Outlook – Small-Scale Nuclear Power

The following story was originally published in our Manufacturing Outlook eZine. For a free subscription Click Here   by Royce Lowe Rolls-Royce is evaluating potential sites in the UK, specifically England and Wales, for its Small Modular Reactor (SMR) nuclear power concept, which it claims can provide the nation with a net-zero-carbon option for energy …

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