Manufacturing

ISM reports manufacturing sees growth in March, snaps 16-month stretch of contraction

Tuesday, April 2, 2024 · Jeff Berman The report’s benchmark metric, the PMI came in at 50.3 (a reading of 50 or higher indicates growth), topping March’s 47.8, and contracting after 16 months of declines. ISM added that the overall economy grew, at a faster rate, in March, for the 47th consecutive month. The…

February manufacturing output declines, notes ISM

Friday, March 1, 2024 · Jeff Berman The report’s benchmark metric, the PMI came in at 47.8 (a reading of 50 or higher indicates growth), down 1.3% compared to January’s 49.1 reading, contracting, at a faster rate, for the 16th consecutive month.

Disruptions Keep Manufacturers on Edge

Monday, February 5, 2024 · Amy Wunderlin Ongoing disruptions in the Red Sea and Panama Canal have reinforced the need for manufacturers to have a comprehensive supply chain strategy.

Manufacturing Gets Closer to Growth Territory in January, Reports ISM

Friday, February 2, 2024 · Jeff Berman The report’s benchmark metric, the PMI, came in at 49.1(a reading of 50 or higher indicates growth), up 2.0% over January’s 47.1 reading, contracting, at a slower rate, for the 15th consecutive month. The past 15 months of contraction were preceded by a stretch of 28…

Foxconn’s Tijuana Manufacturing Operation Shows the Nearshoring Possibilities

Thursday, February 1, 2024 · Rosemary Coates Reshoring Institute Executive Director Rosemary Coates got a first-hand look at Foxconn’s Tijuana manufacturing site and saw what is possible when companies invest in nearshoring.

Unlocking Employee Engagement: Finding The Key to Retention Success

Wednesday, January 24, 2024 · Brian Straight While most supply chain employees seem happy in their careers, there are some areas where companies can improve employee engagement and the workplace environment to reduce turnover.

Manufacturing is down to end 2023

Thursday, January 4, 2024 · Jeff Berman The report’s benchmark metric, the PMI, came in at 47.4 (a reading of 50 or higher indicates growth), up 0.7% over November’s 46.7, contracting, at a slower rate, for the 14th consecutive month. The past 14 months of contraction were preceded by a stretch of 28 consecutive…

Manufacturing Output Flat Month-to-Month, But Positive Signs Emerge

Monday, December 4, 2023 · Jeff Berman While the Institute for Supply Management’s monthly PMI remains in negative territory for November, several sectors are beginning to show signs of recovery.

Global Companies Plan More Regional Approaches to Manufacturing, Selling

Thursday, November 9, 2023 · Brian Straight A new report from Accenture finds that the number of companies nearshoring product manufacturing will double in three years time.

Some Good, Some Not-So-Good in Latest ISM Manufacturing Report

Wednesday, November 1, 2023 · Jeff Berman Manufacturing output again contracted in October, according to the new edition of the Manufacturing Report on Business issued by the Institute for Supply Management.

Going “GLOCAL”  The case of the 10,000-pound cotton “dirt-to-shirt” project

Wednesday, November 1, 2023 · Jayanth Jayaram, Vidyaranya B. Gargeya, Eric Henry and Vashkar Ghosh Taking the 3T approach—transportation, transparency, and trust—allows TS Designs to create global products locally.

GE Appliances’ CoCREATE Facility is a Hub for Community Innovation

Monday, October 16, 2023 · Brian Straight GE Appliances has opened its CoCREATE space in Connecticut. The 67,000-square-foot is part factory, part showroom, part makerspace, and all community-focused.

A Manufacturing Supercycle Has Begun

Tuesday, September 26, 2023 · Rosemary Coates Thanks to a trio of bills passed in the past few years, investment in U.S. manufacturing is at all-time highs, and that means the economy could be poised to take off again.

August Manufacturing Output Continues Losing Streak

Tuesday, September 5, 2023 · Jeff Berman For the 10th consecutive month, the key benchmark metric for manufacturing output fell, according to the Institute for Supply Management.

The Future of Manufacturing at GE Appliances

Wednesday, August 30, 2023 · Bob Trebilcock GE Appliance’s FirstBuild microfactory approach is giving life to innovative ideas that may ultimately make people’s lives easier.