While global economic fluctuations sent the stock market on a wild ride in January, the US unemployment rate dropped another 0.1% to 4.9%, which is its lowest level since February 2008. Economists are projecting some more wage and inflation pressure…
Category: Engineering
Cheap Gas Moves Cars
Cheap oil continues to help and hurt US manufacturing. The automotive industry led manufacturing losses during the recession but has been an area of strength and growth for US manufacturing in the last few years. Sales of cars and light…
Manufacturing A Bit Sluggish In November
Reports are showing that the overall US economy grew for the 78th consecutive month, but US manufacturing has slowed a bit during the last couple of months. The recent ISM manufacturing index said that manufacturing numbers contracted in November for…
Spreading Around Some Holiday Cheer
As 2015 begins to draw to a close, the life science market continues to remain hot providing some holiday cheer as we enter the winter months. Just last week, the overall economy added 271,000 jobs — far surpassing economists’ most…
US Down To 5% Unemployment
Manufacturing has been flat the last couple of months, but the overall economy seems to be doing well. We are now at 5% unemployment which is considered the threshold for full employment by the Fed and many private economists. This…
The Talent Gap Widens
Even with the recent fluctuations in Chinese and European economies, US Manufacturers are still seeing growth throughout most segments, and economists expect that trend to continue. More and more manufacturing executives are concerned about attracting, training, and retaining talent to…
Fundamental Economic Data Still Strong
US Unemployment is at record lows, but may be sneaking up a little in the next few weeks as global markets fluctuate a bit. At 5.3%, unemployment is now almost half of its peak of 10% in October 2009. The…
IT and engineering industries experience growth in the US
According to a recent report from TechServe Alliance, the U.S. saw growth in its IT and engineering sectors between April and May 2015.
Manufacturers Poised For Solid 2nd Half of Year
The Institute for Supply Management recently reported that its purchasing managers’ index edged up to 53.5 in June from 52.8 in May. The ISM report showed factory orders and employment in June stood at their highest readings since December 2014. …
The War For Talent Continues
The War For Talent Continues More than a quarter-million Americans turn 65, and every month approximately 10,000 people retire. The recession may have delayed the inevitable for a time, but as the stock market continues to rebound there are signs…