As a colleague said: “a bit of good news at a time when we can all probably use it.” Those looking for a light at the end of the tunnel have been starved for it most of the summer, but may have found respite in recent U.S. workforce statistics. Nonfarm payrolls increased by 1.37 million […]
Continue readingManufacturing Optimism
Only problem: tackling skills gap becomes even tougher Optimism among manufacturers hits a high again in the latest quarterly survey of the sector. Slightly more than 92% of U.S. manufacturers responding to a survey from the National Association of Manufacturers say they are either “somewhat or very positive” about their companies’ outlooks, a record high. […]
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A manufacturing record punctuates sector’s hot streak The Institute of Supply Management, headquartered in Tempe, Arizona, released its latest report on American economic activity, and it contains a manufacturing record that punctuates the sector’s recent hot streak. According to the latest Manufacturing ISM Report on Business, economic activity in the manufacturing sector expanded in August, […]
Continue readingDrones & EVs
Are the most robust markets for electric motor applications, says report Due to miniaturization in engine technologies, passing regulations for drone usage from the FAA (Federal Aviation Association) and the emergence of battery-powered plug-ins for automobiles, the global market for electric motors is advancing, according to a new report from BCC Research released Wednesday. Drones […]
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Latest jobs report shows positive signs for manufacturing The latest BLS jobs report: Highs, lows, with a side of salt. Job openings have hit an all-time high. That sounds good, but many experts are heeding caution. Meanwhile, the manufacturing sector is performing at an unexpectedly robust level, continuing a pattern that has now powered through […]
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