Filed in Manufacturing
Thursday, December 01, 2016
The PMI, the index used by the ISM to measure growth, was 53.2 in November, which was 1.3 percent ahead of October, while growing for the third straight month, as well as the highest level the PMI has reached, going back to February 2015’s 53.3. And the November PMI was 2.2 percent above the 12-month average of 51.0, with the over all economy growing for the 90th consecutive month.
Wednesday, July 06, 2016
It is great to be working with other Universities on revitalizing manufacturing through reshoring and by introducing new ideas and technologies.
Posted on 07/06 at 03:16 PM
Tuesday, June 28, 2016
The MAPI Foundations – the research affiliate of Manufacturers Alliance for Productivity and Innovation - notes that supply chain pressures are becoming a transforming influence behind automation.
Monday, June 13, 2016
The MAPI Foundation - the research affiliate of Manufacturers Alliance for Productivity and Innovation - notes that supply chain pressures are becoming a transforming influence behind automation.
A new report from the MAPI Foundation indicates that despite the economic slowdown in the industrial sector over the past year, the incidence of actual and planned automation investment is very high in American manufacturing.
Thursday, June 02, 2016
Manufacturers in the food and beverage market work feverishly to meet consumer demands — often through new product launches and acquisitions.
Wednesday, June 01, 2016
The PMI, the index used by the ISM to measure growth, was 51.3 (a reading of 50 or higher indicates growth) in May, representing a 0.5 percent gain over April. From October through February, the PMI had seen sub-50 readings, with October marking the first month that the PMI was below 50 since November 2012.
Posted on 06/01 at 03:45 PM
Tuesday, May 31, 2016
One of the many interesting facets of the Semiannual Economic Forecast issued by the Institute for Supply Management (ISM) is its “special questions” segment featured at the end of the report.
Chinese manufacturing is maturing and low-cost, labor-intensive work is moving to other low cost countries like Vietnam, Myanmar and Indonesia while China takes on more advanced manufacturing.
Posted on 05/31 at 09:16 AM
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Friday, May 13, 2016
The 2016 Industrial Manufacturing Trends Report, published by PwC, asserts that investments in technology are “essential” for the growth of the U.S.manufacturing sector. According to the report,making strategic investments isone key to growth, particularly in fast-evolving industries.