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Weekly Wrap Up For October 15th, 2021

 Dr. Chris Kuehl, Managing Partner with Armada Corporate Intelligence, discusses the Credit Manager’s Index and the economic atmosphere that businesses face, and even though indicators are good, the general ecosystem feels bad. Department of Commerce Announces System to Detect Supply Chain Shortages Since the Covid-19 pandemic began, supply chain shortages have become the norm. …

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Weekly Wrap Up For October 8th, 2021

 Nancy LeMaster, Committee Chair of the ISM’s Hospital Report on Business® discusses the latest report in detail. Chinese Factory Production Slows Amid Energy Crisis Amid coal shortages and new energy usage goals, factories in China have been forced to limit or completely halt production to comply with energy use limits.  A new report shows …

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Chinese Factory Production Slows Amid Energy Crisis

Chinese Factory Production

Amid coal shortages and new energy usage goals, factories in China have been forced to limit or completely halt production to comply with energy use limits.  A new report shows just how these hurdles have impacted the nation’s overall production capabilities.  On Thursday, a new report showed that Chinese factory production contracted in September for …

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Weekly Wrap Up For October 1st, 2021

 On This LIVE Episode of Manufacturing Matters, host Cliff Waldman recaps his experience at the NABE conference including outlook discussions by Fed officials as well as sessions on China, supply chain, and labor shortages. Reshoring on Pace to Hit Record Highs The reshoring of jobs back to the U.S. has been a major focus …

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September 2021 Manufacturing ISM®Report On Business®

ISM Manufacturing Report

Manufacturing PMI® at 61.1% New Orders, Employment, and Production Growing Supplier Deliveries Slowing at Faster Rate; Backlog Growing Manufacturing Inventories Growing; Customers’ Inventories Too Low Prices Increasing; Exports and Imports Growing (Tempe, Arizona) — Economic activity in the manufacturing sector grew in September,with the overall economy notching a 16th consecutive month of growth, say the …

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Canadian Solar Firm to Open New Manufacturing Center in New York

solar manufacturing

Last week, New York Governor Kathy Hochul announced that Canadian solar firm Ubiquity Solar Inc. will establish its first U.S. solar photovoltaic manufacturing center in the former IBM site located in Endicott, NY. The company is investing nearly $61 million into the project and expects to create up to 150 highly skilled jobs in the …

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Reshoring on Pace to Hit Record Highs 

Reshoring

The reshoring of jobs back to the U.S. has been a major focus for both sides of the political aisle with the past and current administrations alike placing an emphasis on bringing back jobs. A recent report shows that reshoring efforts this year could not only surpass last year’s figures but also set a new …

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Weekly Wrap Up For September 24th, 2021

 Join John W. Kennedy, CEO, NJMEP, and Aaron Ramsey, Senior Services Manager, Perdue University MEP, discuss the supply chain and all its intricacies as well as ISO implementation and what the future holds for the MEP National Network. Cass Transportation Index Report The shipments component of the Cass Freight Index® grew 12% y/y in …

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