Economic News
Manufacturing PMI® at 47.4% — December 2023 Manufacturing ISM® Report On Business®
New Orders and Backlogs Contracting, Production Expanding; Employment Contracting Supplier Deliveries Faster, Raw Materials Inventories Contracting; …
Manufacturing PMI® at 47.4%; December 2023 Manufacturing ISM® Report On Business®
TEMPE, Ariz., Jan. 3, 2024, PRNewswire Economic activity in the manufacturing sector contracted in December for the 14th consecutive month following a …
Manufacturing PMI® at 46.7% For October 2023 Manufacturing ISM® Report On Business®
From ISM. Issued: November 1st, 2023 (Tempe, Arizona) — Economic activity in the manufacturing sector contracted in October for the 12th consecutive month …
US Manufacturing PMI for September 2023 Contracts to 49%
From the Institute of Supply Management. (Tempe, Arizona) — Economic activity in the manufacturing sector contracted in September for the 11th consecutive …
Global US Manufacturing PMI Increases in September
From S&P Gobal The S&P Global US Manufacturing PMI increased to 48.9 in September of 2023 from 47.9 in August, beating forecasts of 48, preliminary …
Restoring Control Over Strategic Sourcing and Inventory Management
By Wil G. Knibloe III, managing principal, supply chain and Stephen F. Wiley is principal and manufacturing advisory leader with Crowe. After several …
Increasing Demand for Industrial Robots by Manufacturers to Boost Market Growth
Report by Market Research Future (MRFR). According to the research report published by Market Research Future (MRFR), the Motion Control Market could thrive at …
Hydraulic Excavator Market Overview
Report by Market Research Future The hydraulic excavator market is expected to reach USD 106.73 billion by 2030, with a CAGR of 4.33%, as reported by the …
The Laborers are Few While Jobs Abound
With 9.9 million job openings in the economy and 5.7 million people looking for jobs, the labor market is tight, with only 58 job seekers for every 100 job …
Manufacturing Contracts, but Is the Worst Over?
Fluid Power Journal Staff Report. February data continued the trend of contracting growth in manufacturing, but signs of stabilization may indicate that the …
Debt Ceiling Brinksmanship Hurts U.S. Manufacturing
By Kip Eideberg, Senior Vice President of Government and Industry Relations, Association of Equipment Manufacturers The last time we tipped dangerously close …
ISM: Economic Improvement Continues in 2023
From the Institute of Supply Management Economic improvement in the U.S. will continue in 2023, say the nation’s purchasing and supply management executives …
10 Best States for Construction Jobs
From www.conexpoconagg.com. Data from the U.S. Bureau of Labor Statistics shows that the U.S. construction industry lost about 1.5% of its workforce from 2020 …
AEM Survey Optimistic: ‘We’ve reached a turning point’
By Benjamin Duyck, Director of Market Intelligence, Association of Equipment Manufacturers. The more things change for the equipment manufacturing industry and …
Manufacturing Growth Levels Off
From the Institute for Supply Management Manufacturing growth in August registered the same as in July, according to the latest Purchasing Managers Index, a …
Mixed Signals on the Manufacturing Economy
By Michael Degan, Fluid Power Journal Editor Is a recession approaching? There were conflicting signs in July. A falling manufacturing index from the Institute …
Manufacturers Raise Pay to Deal with Labor Shortages, Survey Finds
By Michael Degan, _Fluid Power Journal_ Editor Manufacturers have been trying a number of strategies to alleviate a glut of job openings, including …
AEM Surveys Members on Supply Chain Issues
By Benjamin Duyck, Director of Market Intelligence, Association of Equipment Manufacturers The last two years haven’t been easy for equipment manufacturers, …
Businesses Show Optimism About Growth in 2022
From Randstad Sourceright Despite pandemic-driven uncertainty, C-suite and human capital leaders remain optimistic about the future and growth of their …
Slowing Growth Forecast for This Year
Labor market, supply chain concerns continue From the National Fluid Power Association and ITR Economics Sharply rising activity has been the prevailing trend …
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